Wellington Shields Capital Management LLC Sells 120 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Wellington Shields Capital Management LLC lessened its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 0.8% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,332 shares of the company’s stock after selling 120 shares during the period. VanEck Semiconductor ETF makes up about 0.7% of Wellington Shields Capital Management LLC’s investment portfolio, making the stock its 28th biggest holding. Wellington Shields Capital Management LLC’s holdings in VanEck Semiconductor ETF were worth $3,736,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of SMH. Chilton Capital Management LLC bought a new position in shares of VanEck Semiconductor ETF during the 2nd quarter valued at about $26,000. Innealta Capital LLC bought a new position in VanEck Semiconductor ETF in the second quarter valued at approximately $28,000. TD Capital Management LLC bought a new position in VanEck Semiconductor ETF in the second quarter valued at approximately $29,000. Silicon Valley Capital Partners acquired a new position in shares of VanEck Semiconductor ETF in the first quarter valued at approximately $25,000. Finally, Olistico Wealth LLC bought a new stake in shares of VanEck Semiconductor ETF during the second quarter worth $31,000.

VanEck Semiconductor ETF Stock Down 2.0 %

SMH traded down $4.53 during trading on Friday, hitting $219.73. The company had a trading volume of 1,583,463 shares, compared to its average volume of 8,479,489. The company has a market capitalization of $19.76 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a one year low of $136.10 and a one year high of $283.07. The firm’s 50-day moving average price is $246.47 and its 200 day moving average price is $235.48.

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.