VanEck Semiconductor ETF (NASDAQ:SMH) Shares Sold by Beacon Pointe Advisors LLC

Beacon Pointe Advisors LLC lessened its position in shares of VanEck Semiconductor ETF (NASDAQ:SMHFree Report) by 5.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 28,950 shares of the company’s stock after selling 1,776 shares during the quarter. Beacon Pointe Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $5,063,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. Ausdal Financial Partners Inc. increased its holdings in shares of VanEck Semiconductor ETF by 0.5% in the 4th quarter. Ausdal Financial Partners Inc. now owns 12,513 shares of the company’s stock valued at $2,188,000 after acquiring an additional 60 shares during the period. Advisory Alpha LLC raised its holdings in shares of VanEck Semiconductor ETF by 4.5% in the fourth quarter. Advisory Alpha LLC now owns 1,602 shares of the company’s stock valued at $280,000 after buying an additional 69 shares during the last quarter. Cadence Bank boosted its stake in shares of VanEck Semiconductor ETF by 4.7% during the third quarter. Cadence Bank now owns 1,564 shares of the company’s stock worth $227,000 after buying an additional 70 shares during the period. Insigneo Advisory Services LLC boosted its stake in shares of VanEck Semiconductor ETF by 1.0% during the third quarter. Insigneo Advisory Services LLC now owns 7,533 shares of the company’s stock worth $1,092,000 after buying an additional 71 shares during the period. Finally, Ranch Capital Advisors Inc. grew its holdings in shares of VanEck Semiconductor ETF by 3.4% during the third quarter. Ranch Capital Advisors Inc. now owns 2,257 shares of the company’s stock worth $327,000 after buying an additional 74 shares during the last quarter.

VanEck Semiconductor ETF Stock Down 0.8 %

SMH opened at $230.25 on Friday. VanEck Semiconductor ETF has a 52 week low of $127.95 and a 52 week high of $239.14. The business has a 50 day moving average price of $220.34 and a two-hundred day moving average price of $193.46. The company has a market cap of $19.45 billion, a PE ratio of 18.82 and a beta of 1.35.

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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