American Financial Advisors LLC Sells 100 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

American Financial Advisors LLC lowered its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 3.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,757 shares of the company’s stock after selling 100 shares during the period. American Financial Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $719,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Jane Street Group LLC increased its stake in shares of VanEck Semiconductor ETF by 20.9% during the 1st quarter. Jane Street Group LLC now owns 6,044,932 shares of the company’s stock worth $1,360,049,000 after purchasing an additional 1,045,570 shares during the last quarter. Saudi Central Bank purchased a new stake in VanEck Semiconductor ETF in the fourth quarter worth $105,273,000. Himension Capital Singapore PTE. LTD. raised its stake in shares of VanEck Semiconductor ETF by 358.4% in the fourth quarter. Himension Capital Singapore PTE. LTD. now owns 318,624 shares of the company’s stock valued at $55,718,000 after buying an additional 249,112 shares during the period. Raymond James Financial Services Advisors Inc. lifted its position in shares of VanEck Semiconductor ETF by 5.2% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 310,506 shares of the company’s stock valued at $69,861,000 after buying an additional 15,316 shares during the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of VanEck Semiconductor ETF by 1,172.6% during the 1st quarter. Cetera Investment Advisers now owns 290,347 shares of the company’s stock worth $65,325,000 after acquiring an additional 267,531 shares during the period.

VanEck Semiconductor ETF Stock Up 2.5 %

SMH traded up $5.97 during trading hours on Friday, hitting $248.39. The stock had a trading volume of 6,922,914 shares, compared to its average volume of 8,520,102. VanEck Semiconductor ETF has a 1 year low of $136.10 and a 1 year high of $283.07. The company’s fifty day simple moving average is $251.86 and its 200 day simple moving average is $233.23. The stock has a market cap of $22.34 billion, a PE ratio of 18.82 and a beta of 1.35.

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.