Bogart Wealth LLC Trims Position in VanEck Semiconductor ETF $SMH

Bogart Wealth LLC lowered its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 99.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 99 shares of the company’s stock after selling 10,039 shares during the period. Bogart Wealth LLC’s holdings in VanEck Semiconductor ETF were worth $28,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Grove Bank & Trust purchased a new position in shares of VanEck Semiconductor ETF during the 2nd quarter worth approximately $25,000. Trust Co. of Toledo NA OH purchased a new position in VanEck Semiconductor ETF in the second quarter worth about $25,000. UMB Bank n.a. bought a new position in VanEck Semiconductor ETF in the 2nd quarter valued at approximately $28,000. Hilltop National Bank bought a new position in shares of VanEck Semiconductor ETF during the second quarter valued at $28,000. Finally, Hazlett Burt & Watson Inc. lifted its stake in VanEck Semiconductor ETF by 61.1% during the 2nd quarter. Hazlett Burt & Watson Inc. now owns 116 shares of the company’s stock valued at $31,000 after acquiring an additional 44 shares during the period.

VanEck Semiconductor ETF Trading Down 0.6%

Shares of SMH stock opened at $345.30 on Wednesday. The stock has a market capitalization of $33.75 billion, a P/E ratio of 34.83 and a beta of 1.35. VanEck Semiconductor ETF has a 12-month low of $170.11 and a 12-month high of $350.05. The firm’s 50 day moving average is $313.85 and its 200 day moving average is $272.76.

VanEck Semiconductor ETF Company 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.