Transcend Capital Advisors LLC Sells 544 Shares of VanEck Semiconductor ETF $SMH

Transcend Capital Advisors LLC trimmed its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 14.5% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 3,209 shares of the company’s stock after selling 544 shares during the period. Transcend Capital Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $895,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of SMH. Grove Bank & Trust purchased a new stake in VanEck Semiconductor ETF in the 2nd quarter worth approximately $25,000. Trust Co. of Toledo NA OH purchased a new stake in VanEck Semiconductor ETF during the 2nd quarter valued at $25,000. UMB Bank n.a. purchased a new stake in VanEck Semiconductor ETF during the 2nd quarter valued at $28,000. Hilltop National Bank purchased a new stake in shares of VanEck Semiconductor ETF in the 2nd quarter worth about $28,000. Finally, Hazlett Burt & Watson Inc. lifted its position in VanEck Semiconductor ETF by 61.1% during the 2nd quarter. Hazlett Burt & Watson Inc. now owns 116 shares of the company’s stock valued at $31,000 after acquiring an additional 44 shares during the period.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ SMH opened at $363.11 on Wednesday. The stock has a market cap of $36.05 billion, a P/E ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a 1 year low of $170.11 and a 1 year high of $364.67. The firm has a 50-day moving average of $319.27 and a 200 day moving average of $278.82.

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.