VanEck Semiconductor ETF $SMH Shares Sold by Lodestar Private Asset Management LLC

Lodestar Private Asset Management LLC cut its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 15.8% in the second quarter, Holdings Channel reports. The firm owned 4,507 shares of the company’s stock after selling 843 shares during the period. Lodestar Private Asset Management LLC’s holdings in VanEck Semiconductor ETF were worth $1,257,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the company. Dynamic Advisor Solutions LLC purchased a new position in shares of VanEck Semiconductor ETF during the first quarter worth approximately $913,000. M&T Bank Corp boosted its stake in VanEck Semiconductor ETF by 7.2% during the 1st quarter. M&T Bank Corp now owns 1,601 shares of the company’s stock worth $339,000 after purchasing an additional 107 shares during the period. Fifth Third Bancorp grew its position in VanEck Semiconductor ETF by 188.5% during the 2nd quarter. Fifth Third Bancorp now owns 300 shares of the company’s stock worth $84,000 after purchasing an additional 196 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in VanEck Semiconductor ETF by 19.9% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 30,737 shares of the company’s stock valued at $8,718,000 after purchasing an additional 5,092 shares during the period. Finally, Blue Trust Inc. increased its stake in VanEck Semiconductor ETF by 103.7% in the first quarter. Blue Trust Inc. now owns 275 shares of the company’s stock valued at $58,000 after purchasing an additional 140 shares during the period.

VanEck Semiconductor ETF Stock Performance

Shares of SMH opened at $325.34 on Friday. VanEck Semiconductor ETF has a fifty-two week low of $170.11 and a fifty-two week high of $348.53. The firm has a 50-day simple moving average of $306.82 and a 200-day simple moving average of $266.16. The company has a market capitalization of $32.25 billion, a price-to-earnings ratio of 34.83 and a beta of 1.35.

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.