NorthRock Partners LLC Sells 1,188 Shares of VanEck Semiconductor ETF $SMH

NorthRock Partners LLC decreased its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 17.2% in the second quarter, Holdings Channel reports. The firm owned 5,701 shares of the company’s stock after selling 1,188 shares during the period. NorthRock Partners LLC’s holdings in VanEck Semiconductor ETF were worth $3,739,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. RFG Advisory LLC increased its holdings in VanEck Semiconductor ETF by 19.8% during the 2nd quarter. RFG Advisory LLC now owns 3,010 shares of the company’s stock worth $1,974,000 after purchasing an additional 498 shares during the period. NewEdge Advisors LLC raised its position in VanEck Semiconductor ETF by 3.1% during the 2nd quarter. NewEdge Advisors LLC now owns 69,964 shares of the company’s stock valued at $45,889,000 after purchasing an additional 2,080 shares in the last quarter. Baird Financial Group Inc. raised its position in VanEck Semiconductor ETF by 29.0% during the 2nd quarter. Baird Financial Group Inc. now owns 61,203 shares of the company’s stock valued at $40,142,000 after purchasing an additional 13,770 shares in the last quarter. New England Professional Planning Group Inc. purchased a new stake in shares of VanEck Semiconductor ETF in the 2nd quarter worth $317,000. Finally, Allworth Financial LP lifted its holdings in shares of VanEck Semiconductor ETF by 6.4% in the 2nd quarter. Allworth Financial LP now owns 8,650 shares of the company’s stock worth $5,673,000 after buying an additional 521 shares during the period.

VanEck Semiconductor ETF Trading Up 0.1%

SMH opened at $574.29 on Thursday. VanEck Semiconductor ETF has a 12-month low of $298.77 and a 12-month high of $671.83. The business’s fifty day simple moving average is $569.72 and its 200-day simple moving average is $525.38. The company has a market capitalization of $72.15 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.