VanEck Semiconductor ETF $SMH Stock Sold by MGO One Seven LLC

MGO One Seven LLC cut its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 29.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,362 shares of the company’s stock after selling 5,575 shares during the quarter. MGO One Seven LLC’s holdings in VanEck Semiconductor ETF were worth $8,137,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SMH. Allied Private Wealth LLC acquired a new stake in shares of VanEck Semiconductor ETF during the second quarter worth $26,000. MassMutual Private Wealth & Trust FSB acquired a new position in shares of VanEck Semiconductor ETF in the second quarter valued at about $30,000. Kings Path Partners LLC acquired a new position in shares of VanEck Semiconductor ETF in the third quarter valued at about $30,000. Timbuktu Capital Management LLC acquired a new position in shares of VanEck Semiconductor ETF in the second quarter valued at about $33,000. Finally, Resources Management Corp CT ADV bought a new position in VanEck Semiconductor ETF during the first quarter worth about $38,000.

VanEck Semiconductor ETF Stock Performance

NASDAQ:SMH opened at $522.49 on Monday. VanEck Semiconductor ETF has a 52 week low of $315.05 and a 52 week high of $671.83. The firm’s 50-day simple moving average is $572.62 and its 200 day simple moving average is $518.19. The firm has a market cap of $66.59 billion, a price-to-earnings ratio of 34.83 and a beta of 1.73.

About VanEck Semiconductor ETF

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.