16,063 VanEck Semiconductor ETF $SMH Shares Sold by Focus Financial Network Inc.

Focus Financial Network Inc. reduced its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 82.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,347 shares of the company’s stock after selling 16,063 shares during the quarter. Focus Financial Network Inc.’s holdings in VanEck Semiconductor ETF were worth $2,038,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently modified their holdings of the company. GEM Asset Management LLC raised its stake in shares of VanEck Semiconductor ETF by 31.8% during the 3rd quarter. GEM Asset Management LLC now owns 1,164 shares of the company’s stock valued at $709,000 after purchasing an additional 281 shares during the period. B. Riley Wealth Advisors Inc. bought a new position in VanEck Semiconductor ETF in the third quarter valued at $20,694,000. Krilogy Financial LLC raised its stake in shares of VanEck Semiconductor ETF by 1.2% during the third quarter. Krilogy Financial LLC now owns 8,972 shares of the company’s stock worth $5,303,000 after acquiring an additional 109 shares in the last quarter. Affinity Capital Advisors LLC lifted its stake in shares of VanEck Semiconductor ETF by 39.9% in the 3rd quarter. Affinity Capital Advisors LLC now owns 515 shares of the company’s stock valued at $311,000 after acquiring an additional 147 shares during the last quarter. Finally, Forvis Mazars Wealth Advisors LLC purchased a new stake in shares of VanEck Semiconductor ETF during the third quarter valued at approximately $565,000.

VanEck Semiconductor ETF Stock Down 4.0%

NASDAQ:SMH opened at $564.74 on Thursday. The firm has a market capitalization of $69.51 billion, a P/E ratio of 34.83 and a beta of 1.73. The company has a fifty day moving average of $579.83 and a 200 day moving average of $559.54. VanEck Semiconductor ETF has a 52 week low of $315.05 and a 52 week high of $671.83.

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.