VanEck Semiconductor ETF $SMH Shares Sold by Foguth Wealth Management LLC.

Foguth Wealth Management LLC. reduced its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 83.8% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,554 shares of the company’s stock after selling 18,368 shares during the period. Foguth Wealth Management LLC.’s holdings in VanEck Semiconductor ETF were worth $2,164,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Clark Wealth Partners increased its position in VanEck Semiconductor ETF by 68.3% in the 3rd quarter. Clark Wealth Partners now owns 170 shares of the company’s stock worth $103,000 after purchasing an additional 69 shares during the last quarter. Brown Lisle Cummings Inc. raised its stake in shares of VanEck Semiconductor ETF by 29.2% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 535 shares of the company’s stock worth $326,000 after purchasing an additional 121 shares in the last quarter. SteelPeak Wealth LLC lifted its holdings in shares of VanEck Semiconductor ETF by 4.9% during the 3rd quarter. SteelPeak Wealth LLC now owns 4,398 shares of the company’s stock valued at $2,678,000 after buying an additional 206 shares during the last quarter. IFP Advisors Inc lifted its holdings in shares of VanEck Semiconductor ETF by 122.8% during the 3rd quarter. IFP Advisors Inc now owns 17,203 shares of the company’s stock valued at $10,477,000 after buying an additional 9,480 shares during the last quarter. Finally, Center For Asset Management LLC lifted its holdings in shares of VanEck Semiconductor ETF by 164.0% during the 3rd quarter. Center For Asset Management LLC now owns 1,700 shares of the company’s stock valued at $1,035,000 after buying an additional 1,056 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

SMH traded up $12.73 during midday trading on Monday, hitting $552.52. 4,900,010 shares of the company’s stock traded hands, compared to its average volume of 9,308,447. The company has a market cap of $67.46 billion, a PE ratio of 34.83 and a beta of 1.73. The stock’s fifty day simple moving average is $578.72 and its 200-day simple moving average is $562.09. VanEck Semiconductor ETF has a one year low of $315.05 and a one year 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.