VanEck Semiconductor ETF $SMH Shares Sold by XML Financial LLC

XML Financial LLC lowered its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 97.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 782 shares of the company’s stock after selling 26,911 shares during the quarter. XML Financial LLC’s holdings in VanEck Semiconductor ETF were worth $476,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of SMH. Allied Private Wealth LLC bought a new stake in shares of VanEck Semiconductor ETF in the 2nd quarter valued at about $26,000. MassMutual Private Wealth & Trust FSB bought a new position in VanEck Semiconductor ETF during the second quarter worth about $30,000. Timbuktu Capital Management LLC bought a new position in VanEck Semiconductor ETF during the second quarter worth about $33,000. Kings Path Partners LLC acquired a new position in VanEck Semiconductor ETF during the third quarter worth approximately $30,000. Finally, Alpine Bank Wealth Management acquired a new position in VanEck Semiconductor ETF during the third quarter worth approximately $39,000.

VanEck Semiconductor ETF Stock Down 2.7%

Shares of NASDAQ SMH opened at $504.27 on Thursday. The business’s 50 day moving average price is $569.98 and its two-hundred day moving average price is $519.96. The company has a market cap of $64.57 billion, a PE ratio of 34.83 and a beta of 1.73. VanEck Semiconductor ETF has a twelve month low of $315.05 and a twelve month high of $671.83.

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.