Dumont & Blake Investment Advisors LLC Sells 1,428 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Dumont & Blake Investment Advisors LLC trimmed its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 17.4% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,764 shares of the company’s stock after selling 1,428 shares during the quarter. Dumont & Blake Investment Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $1,430,000 as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of the business. Hartford Financial Management Inc. increased its stake in VanEck Semiconductor ETF by 61.9% during the 4th quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock worth $25,000 after purchasing an additional 39 shares in the last quarter. Duncker Streett & Co. Inc. increased its stake in VanEck Semiconductor ETF by 3.9% during the 4th quarter. Duncker Streett & Co. Inc. now owns 1,081 shares of the company’s stock worth $262,000 after purchasing an additional 41 shares in the last quarter. Creative Financial Designs Inc. ADV increased its stake in VanEck Semiconductor ETF by 2.2% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 1,905 shares of the company’s stock worth $461,000 after purchasing an additional 41 shares in the last quarter. Hemington Wealth Management increased its stake in VanEck Semiconductor ETF by 50.6% during the 4th quarter. Hemington Wealth Management now owns 131 shares of the company’s stock worth $31,000 after purchasing an additional 44 shares in the last quarter. Finally, Clark Capital Management Group Inc. increased its stake in VanEck Semiconductor ETF by 4.6% during the 4th quarter. Clark Capital Management Group Inc. now owns 1,101 shares of the company’s stock worth $267,000 after purchasing an additional 48 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

NASDAQ SMH opened at $238.10 on Friday. The business has a 50 day simple moving average of $216.39 and a 200 day simple moving average of $234.04. VanEck Semiconductor ETF has a 52-week low of $170.11 and a 52-week high of $283.07. The stock has a market cap of $21.57 billion, a price-to-earnings ratio of 30.48 and a beta of 1.35.

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.