VanEck Semiconductor ETF $SMH Stake Lowered by Milestones Private Investment Advisors LLC

Milestones Private Investment Advisors LLC reduced its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 20.1% during the 4th quarter, HoldingsChannel reports. The fund owned 15,055 shares of the company’s stock after selling 3,785 shares during the period. VanEck Semiconductor ETF accounts for 3.7% of Milestones Private Investment Advisors LLC’s holdings, making the stock its 2nd biggest position. Milestones Private Investment Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $5,422,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Realta Investment Advisors grew its holdings in shares of VanEck Semiconductor ETF by 84.4% during the 3rd quarter. Realta Investment Advisors now owns 83 shares of the company’s stock valued at $27,000 after acquiring an additional 38 shares in the last quarter. Sound Income Strategies LLC grew its holdings in shares of VanEck Semiconductor ETF by 175.8% during the 3rd quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock valued at $31,000 after acquiring an additional 58 shares in the last quarter. Grey Fox Wealth Advisors LLC purchased a new position in shares of VanEck Semiconductor ETF during the 3rd quarter valued at $31,000. CX Institutional grew its holdings in shares of VanEck Semiconductor ETF by 288.5% during the 3rd quarter. CX Institutional now owns 101 shares of the company’s stock valued at $33,000 after acquiring an additional 75 shares in the last quarter. Finally, Root Financial Partners LLC purchased a new position in shares of VanEck Semiconductor ETF during the 3rd quarter valued at $39,000.

VanEck Semiconductor ETF Stock Up 2.0%

VanEck Semiconductor ETF stock opened at $452.00 on Wednesday. The company’s fifty day simple moving average is $401.66 and its 200-day simple moving average is $375.80. VanEck Semiconductor ETF has a 12 month low of $184.40 and a 12 month high of $452.10. The stock has a market cap of $50.62 billion, a P/E ratio of 34.83 and a beta of 1.55.

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.