Castle Rock Wealth Management LLC Has $6.75 Million Stock Holdings in VanEck Semiconductor ETF $SMH

Castle Rock Wealth Management LLC trimmed its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 18.9% during the 2nd quarter, HoldingsChannel reports. The fund owned 10,877 shares of the company’s stock after selling 2,531 shares during the quarter. VanEck Semiconductor ETF makes up approximately 1.3% of Castle Rock Wealth Management LLC’s investment portfolio, making the stock its 15th biggest holding. Castle Rock Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $6,748,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB bought a new position in VanEck Semiconductor ETF in the second quarter worth $30,000. WealthCollab LLC acquired a new position in shares of VanEck Semiconductor ETF in the 4th quarter valued at $28,000. Investment Counsel Co. of Nevada bought a new stake in shares of VanEck Semiconductor ETF in the 4th quarter valued at approximately $35,000. Resources Management Corp CT ADV bought a new stake in VanEck Semiconductor ETF in the first quarter valued at $38,000. Finally, Core Wealth Advisors LLC acquired a new stake in shares of VanEck Semiconductor ETF during the 4th quarter worth about $36,000.

VanEck Semiconductor ETF Price Performance

NASDAQ SMH opened at $571.45 on Friday. VanEck Semiconductor ETF has a one year low of $281.15 and a one year high of $671.83. The firm has a market cap of $71.80 billion, a PE ratio of 34.83 and a beta of 1.73. The stock’s 50 day simple moving average is $595.82 and its 200 day simple moving average is $497.78.

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.