VanEck Semiconductor ETF $SMH Shares Sold by James J. Burns & Company LLC

James J. Burns & Company LLC lessened its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 99.4% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,132 shares of the company’s stock after selling 194,605 shares during the period. James J. Burns & Company LLC’s holdings in VanEck Semiconductor ETF were worth $690,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Schuylkill Financial LLC acquired a new stake in VanEck Semiconductor ETF in the 2nd quarter valued at $2,262,000. XML Financial LLC grew its position in VanEck Semiconductor ETF by 4,002.7% in the second quarter. XML Financial LLC now owns 27,693 shares of the company’s stock valued at $18,164,000 after acquiring an additional 27,018 shares during the period. Markowski Investments bought a new stake in VanEck Semiconductor ETF in the second quarter valued at $656,000. Valued Retirements Inc. acquired a new position in VanEck Semiconductor ETF during the second quarter worth $4,503,000. Finally, PCG Wealth Advisors LLC raised its stake in VanEck Semiconductor ETF by 11.8% during the second quarter. PCG Wealth Advisors LLC now owns 13,707 shares of the company’s stock worth $8,990,000 after acquiring an additional 1,447 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ SMH traded up $3.85 during midday trading on Friday, reaching $527.20. 7,440,378 shares of the company traded hands, compared to its average volume of 9,329,251. The firm has a market cap of $64.15 billion, a PE ratio of 34.83 and a beta of 1.73. The stock’s 50-day simple moving average is $574.68 and its 200-day simple moving average is $566.15. VanEck Semiconductor ETF has a 12 month low of $315.05 and a 12 month high of $671.83.

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.