Clarus Wealth Advisors Decreases Position in VanEck Semiconductor ETF $SMH

Clarus Wealth Advisors decreased its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 28.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,020 shares of the company’s stock after selling 1,178 shares during the quarter. Clarus Wealth Advisors’ holdings in VanEck Semiconductor ETF were worth $1,981,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AQR Capital Management LLC boosted its holdings in VanEck Semiconductor ETF by 4.8% in the first quarter. AQR Capital Management LLC now owns 2,381 shares of the company’s stock worth $504,000 after acquiring an additional 109 shares in the last quarter. Empowered Funds LLC grew its stake in shares of VanEck Semiconductor ETF by 32.5% during the first quarter. Empowered Funds LLC now owns 11,789 shares of the company’s stock worth $2,493,000 after acquiring an additional 2,890 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of VanEck Semiconductor ETF by 28.6% during the second quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock valued at $133,000 after acquiring an additional 106 shares in the last quarter. First Trust Advisors LP purchased a new position in shares of VanEck Semiconductor ETF in the 2nd quarter valued at approximately $370,000. Finally, Gamco Investors INC. ET AL purchased a new position in shares of VanEck Semiconductor ETF in the 2nd quarter valued at approximately $1,116,000.

VanEck Semiconductor ETF Trading Down 2.0%

NASDAQ:SMH opened at $545.22 on Wednesday. The company has a market cap of $68.50 billion, a PE ratio of 34.83 and a beta of 1.73. VanEck Semiconductor ETF has a twelve month low of $281.74 and a twelve month high of $671.83. The company’s 50 day moving average is $577.50 and its two-hundred day moving average is $518.80.

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.