VanEck Semiconductor ETF $SMH Shares Sold by Maridea Wealth Management LLC

Maridea Wealth Management LLC decreased its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 14.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,146 shares of the company’s stock after selling 1,413 shares during the period. Maridea Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $3,123,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. WealthCollab LLC acquired a new position in VanEck Semiconductor ETF in the fourth quarter valued at approximately $28,000. Investment Counsel Co. of Nevada acquired a new stake in VanEck Semiconductor ETF during the fourth quarter worth $35,000. Core Wealth Advisors LLC acquired a new stake in VanEck Semiconductor ETF during the fourth quarter worth $36,000. Jessup Wealth Management Inc purchased a new stake in VanEck Semiconductor ETF in the fourth quarter valued at $40,000. Finally, CENTRAL TRUST Co raised its position in VanEck Semiconductor ETF by 66.7% in the fourth quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock valued at $43,000 after purchasing an additional 48 shares during the period.

VanEck Semiconductor ETF Trading Down 4.0%

NASDAQ SMH opened at $611.61 on Friday. The stock has a market cap of $71.06 billion, a PE ratio of 34.83 and a beta of 1.72. VanEck Semiconductor ETF has a twelve month low of $272.16 and a twelve month high of $671.83. The stock has a fifty day simple moving average of $570.31 and a 200-day simple moving average of $454.58.

About VanEck Semiconductor ETF

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.