VanEck Semiconductor ETF $SMH Holdings Decreased by StoneCrest Wealth Management Inc.

StoneCrest Wealth Management Inc. lowered its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 24.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,872 shares of the company’s stock after selling 4,845 shares during the quarter. VanEck Semiconductor ETF comprises approximately 3.1% of StoneCrest Wealth Management Inc.’s investment portfolio, making the stock its 9th largest holding. StoneCrest Wealth Management Inc.’s holdings in VanEck Semiconductor ETF were worth $9,754,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of SMH. Berger Financial Group Inc grew its position in VanEck Semiconductor ETF by 1.3% during the 1st quarter. Berger Financial Group Inc now owns 1,659 shares of the company’s stock worth $636,000 after purchasing an additional 21 shares during the last quarter. Goodman Advisory Group LLC raised its holdings in shares of VanEck Semiconductor ETF by 7.8% in the first quarter. Goodman Advisory Group LLC now owns 318 shares of the company’s stock worth $122,000 after buying an additional 23 shares during the last quarter. Howe & Rusling Inc. lifted its stake in shares of VanEck Semiconductor ETF by 4.3% during the first quarter. Howe & Rusling Inc. now owns 612 shares of the company’s stock worth $235,000 after buying an additional 25 shares during the period. Brooklyn Investment Group lifted its stake in shares of VanEck Semiconductor ETF by 2.2% during the fourth quarter. Brooklyn Investment Group now owns 1,192 shares of the company’s stock worth $434,000 after buying an additional 26 shares during the period. Finally, Total Clarity Wealth Management Inc. lifted its stake in shares of VanEck Semiconductor ETF by 1.1% during the first quarter. Total Clarity Wealth Management Inc. now owns 2,567 shares of the company’s stock worth $984,000 after buying an additional 27 shares during the period.

VanEck Semiconductor ETF Price Performance

Shares of SMH opened at $582.70 on Monday. The company’s fifty day moving average price is $595.49 and its 200-day moving average price is $499.06. VanEck Semiconductor ETF has a 1-year low of $281.15 and a 1-year high of $671.83. The firm has a market capitalization of $73.21 billion, a PE ratio of 34.83 and a beta of 1.73.

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.