Wealthcare Advisory Partners LLC reduced its position in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 11.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,656 shares of the company’s stock after selling 2,949 shares during the period. Wealthcare Advisory Partners LLC’s holdings in VanEck Semiconductor ETF were worth $14,860,000 as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. Financial Management Professionals Inc. lifted its position in VanEck Semiconductor ETF by 15.7% during the second quarter. Financial Management Professionals Inc. now owns 552 shares of the company’s stock valued at $362,000 after buying an additional 75 shares in the last quarter. Key Client Fiduciary Advisors LLC increased its position in shares of VanEck Semiconductor ETF by 10.6% in the second quarter. Key Client Fiduciary Advisors LLC now owns 1,041 shares of the company’s stock worth $683,000 after acquiring an additional 100 shares in the last quarter. Ferguson Shapiro LLC acquired a new stake in shares of VanEck Semiconductor ETF in the second quarter worth $4,529,000. World Equity Group Inc. purchased a new position in shares of VanEck Semiconductor ETF in the 2nd quarter valued at $398,000. Finally, Professional Financial Advisors LLC purchased a new position in shares of VanEck Semiconductor ETF in the 2nd quarter valued at $229,000.
VanEck Semiconductor ETF Trading Down 2.3%
NASDAQ:SMH opened at $569.41 on Tuesday. The firm has a market capitalization of $71.54 billion, a price-to-earnings ratio of 34.83 and a beta of 1.73. The firm’s fifty day simple moving average is $594.72 and its 200 day simple moving average is $500.32. VanEck Semiconductor ETF has a twelve month low of $281.15 and a twelve month high of $671.83.
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.
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