Ameritas Advisory Services LLC Trims Stock Position in VanEck Semiconductor ETF $SMH

Ameritas Advisory Services LLC lessened its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 34.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,216 shares of the company’s stock after selling 7,955 shares during the period. Ameritas Advisory Services LLC’s holdings in VanEck Semiconductor ETF were worth $4,243,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Grove Bank & Trust purchased a new stake in shares of VanEck Semiconductor ETF in the second quarter valued at about $25,000. UMB Bank n.a. purchased a new position in shares of VanEck Semiconductor ETF during the second quarter valued at approximately $28,000. Hilltop National Bank purchased a new position in shares of VanEck Semiconductor ETF during the second quarter valued at approximately $28,000. Banque Transatlantique SA purchased a new position in shares of VanEck Semiconductor ETF during the first quarter valued at approximately $27,000. Finally, Arlington Trust Co LLC lifted its stake in shares of VanEck Semiconductor ETF by 775.0% during the first quarter. Arlington Trust Co LLC now owns 175 shares of the company’s stock valued at $37,000 after buying an additional 155 shares during the period.

VanEck Semiconductor ETF Stock Performance

Shares of SMH opened at $338.24 on Friday. The company has a market capitalization of $31.23 billion, a price-to-earnings ratio of 34.83 and a beta of 1.35. The company’s 50 day simple moving average is $300.96 and its 200 day simple moving average is $261.25. VanEck Semiconductor ETF has a 1 year low of $170.11 and a 1 year high of $340.00.

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.