Moulton Wealth Management Inc. Trims Stock Holdings in VanEck Semiconductor ETF $SMH

Moulton Wealth Management Inc. cut its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 16.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 7,448 shares of the company’s stock after selling 1,484 shares during the quarter. VanEck Semiconductor ETF makes up about 1.9% of Moulton Wealth Management Inc.’s portfolio, making the stock its 9th largest holding. Moulton Wealth Management Inc.’s holdings in VanEck Semiconductor ETF were worth $2,781,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of SMH. Cadent Capital Advisors LLC boosted its position in VanEck Semiconductor ETF by 20.4% during the fourth quarter. Cadent Capital Advisors LLC now owns 2,686 shares of the company’s stock valued at $967,000 after acquiring an additional 456 shares during the last quarter. Bank & Trust Co bought a new position in shares of VanEck Semiconductor ETF in the 4th quarter worth about $288,000. Flagstar Advisors Inc. lifted its stake in shares of VanEck Semiconductor ETF by 68.2% in the 4th quarter. Flagstar Advisors Inc. now owns 5,910 shares of the company’s stock valued at $2,128,000 after purchasing an additional 2,396 shares during the period. Signal Advisors Wealth LLC lifted its stake in shares of VanEck Semiconductor ETF by 6.6% in the 4th quarter. Signal Advisors Wealth LLC now owns 6,104 shares of the company’s stock valued at $2,198,000 after purchasing an additional 379 shares during the period. Finally, Olistico Wealth LLC bought a new stake in shares of VanEck Semiconductor ETF during the 4th quarter valued at about $44,000.

VanEck Semiconductor ETF Price Performance

Shares of VanEck Semiconductor ETF stock opened at $380.73 on Friday. The stock’s 50-day moving average is $401.00 and its 200 day moving average is $366.31. VanEck Semiconductor ETF has a one year low of $170.11 and a one year high of $427.94. The firm has a market cap of $41.61 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52.

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.