KFA Private Wealth Group LLC Sells 38 Shares of VanEck Semiconductor ETF $SMH

KFA Private Wealth Group LLC lowered its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 3.3% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,111 shares of the company’s stock after selling 38 shares during the quarter. KFA Private Wealth Group LLC’s holdings in VanEck Semiconductor ETF were worth $310,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Grove Bank & Trust bought a new stake in shares of VanEck Semiconductor ETF in the second quarter valued at approximately $25,000. UMB Bank n.a. bought a new position in shares of VanEck Semiconductor ETF during the second quarter valued at $28,000. Hilltop National Bank bought a new position in VanEck Semiconductor ETF during the 2nd quarter valued at about $28,000. Banque Transatlantique SA bought a new position in shares of VanEck Semiconductor ETF in the first quarter valued at approximately $27,000. Finally, Arlington Trust Co LLC raised its position in VanEck Semiconductor ETF by 775.0% in the 1st quarter. Arlington Trust Co LLC now owns 175 shares of the company’s stock valued at $37,000 after purchasing an additional 155 shares during the last quarter.

VanEck Semiconductor ETF Trading Down 5.8%

Shares of NASDAQ SMH opened at $325.34 on Friday. The company has a 50-day moving average of $306.82 and a two-hundred day moving average of $265.86. VanEck Semiconductor ETF has a 1-year low of $170.11 and a 1-year high of $348.53. The company has a market cap of $32.25 billion, a PE ratio of 34.83 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.