VanEck Semiconductor ETF $SMH Shares Sold by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC trimmed its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMHFree Report) by 18.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,336 shares of the company’s stock after selling 1,449 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $2,429,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in SMH. WealthCollab LLC acquired a new position in shares of VanEck Semiconductor ETF during the fourth quarter valued at about $28,000. Investment Counsel Co. of Nevada acquired a new stake in VanEck Semiconductor ETF in the 4th quarter worth approximately $35,000. Core Wealth Advisors LLC acquired a new stake in VanEck Semiconductor ETF in the 4th quarter worth approximately $36,000. Jessup Wealth Management Inc purchased a new stake in VanEck Semiconductor ETF during the 4th quarter worth approximately $40,000. Finally, CENTRAL TRUST Co grew its position in VanEck Semiconductor ETF by 66.7% during the 4th quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock worth $43,000 after purchasing an additional 48 shares during the last quarter.

VanEck Semiconductor ETF Trading Up 2.5%

NASDAQ SMH opened at $600.31 on Wednesday. The company has a fifty day simple moving average of $599.06 and a two-hundred day simple moving average of $476.13. The stock has a market cap of $72.12 billion, a P/E ratio of 34.83 and a beta of 1.71. VanEck Semiconductor ETF has a 12-month low of $279.19 and a 12-month high of $671.83.

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VanEck Semiconductor ETF Profile

(Free Report)

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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Institutional Ownership by Quarter for VanEck Semiconductor ETF (NASDAQ:SMH)

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