Florida Financial Advisors LLC Reduces Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Florida Financial Advisors LLC reduced its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 22.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,485 shares of the company’s stock after selling 1,001 shares during the quarter. Florida Financial Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $844,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Hartford Financial Management Inc. boosted its holdings in VanEck Semiconductor ETF by 61.9% in the fourth quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after acquiring an additional 39 shares in the last quarter. Duncker Streett & Co. Inc. lifted its position in VanEck Semiconductor ETF by 3.9% during the 4th quarter. Duncker Streett & Co. Inc. now owns 1,081 shares of the company’s stock valued at $262,000 after acquiring an additional 41 shares during the period. Creative Financial Designs Inc. ADV grew its holdings in VanEck Semiconductor ETF by 2.2% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,905 shares of the company’s stock worth $461,000 after purchasing an additional 41 shares during the period. Hemington Wealth Management increased its stake in shares of VanEck Semiconductor ETF by 50.6% during the fourth quarter. Hemington Wealth Management now owns 131 shares of the company’s stock valued at $31,000 after purchasing an additional 44 shares in the last quarter. Finally, Smith Anglin Financial LLC lifted its holdings in shares of VanEck Semiconductor ETF by 1.3% during the fourth quarter. Smith Anglin Financial LLC now owns 3,545 shares of the company’s stock valued at $859,000 after purchasing an additional 45 shares during the last quarter.

VanEck Semiconductor ETF Trading Up 2.6 %

Shares of NASDAQ:SMH opened at $230.63 on Tuesday. The stock has a fifty day simple moving average of $240.88 and a two-hundred day simple moving average of $244.18. VanEck Semiconductor ETF has a 12-month low of $198.44 and a 12-month high of $283.07. The stock has a market capitalization of $21.84 billion, a price-to-earnings ratio of 31.46 and a beta of 1.35.

VanEck Semiconductor ETF Profile

The VanEck Semiconductor ETF (SMH) is an exchange-traded fund that is based on the MVIS US Listed Semiconductor 25 index, a market-cap-weighted index of 25 of the largest US-listed semiconductors companies. SMH was launched on May 5, 2000 and is managed by VanEck.