VanEck Semiconductor ETF $SMH is Fiduciary Planning LLC’s 8th Largest Position

Fiduciary Planning LLC trimmed its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 6.4% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 43,862 shares of the company’s stock after selling 3,018 shares during the period. VanEck Semiconductor ETF comprises about 4.0% of Fiduciary Planning LLC’s portfolio, making the stock its 8th largest holding. Fiduciary Planning LLC’s holdings in VanEck Semiconductor ETF were worth $12,232,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Grove Bank & Trust purchased a new stake in VanEck Semiconductor ETF during the second quarter valued at about $25,000. Trust Co. of Toledo NA OH purchased a new stake in VanEck Semiconductor ETF during the second quarter valued at about $25,000. UMB Bank n.a. purchased a new stake in VanEck Semiconductor ETF during the second quarter valued at about $28,000. Hilltop National Bank purchased a new stake in VanEck Semiconductor ETF during the second quarter valued at about $28,000. Finally, Hazlett Burt & Watson Inc. boosted its position in VanEck Semiconductor ETF by 61.1% during the second quarter. Hazlett Burt & Watson Inc. now owns 116 shares of the company’s stock valued at $31,000 after buying an additional 44 shares during the period.

VanEck Semiconductor ETF Stock Down 0.1%

NASDAQ SMH opened at $342.83 on Monday. The company has a 50-day simple moving average of $311.87 and a two-hundred day simple moving average of $271.09. VanEck Semiconductor ETF has a 12-month low of $170.11 and a 12-month high of $348.53. The firm has a market cap of $33.51 billion, a price-to-earnings ratio of 34.83 and a beta of 1.35.

VanEck Semiconductor ETF Company 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.