9,520 VanEck Semiconductor ETF $SMH Shares Sold by Sowell Financial Services LLC

Sowell Financial Services LLC cut its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 18.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 41,686 shares of the company’s stock after selling 9,520 shares during the quarter. VanEck Semiconductor ETF accounts for about 0.7% of Sowell Financial Services LLC’s holdings, making the stock its 24th biggest holding. Sowell Financial Services LLC’s holdings in VanEck Semiconductor ETF were worth $25,387,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Petredis Investment Advisors LLC boosted its position in shares of VanEck Semiconductor ETF by 2.6% during the 3rd quarter. Petredis Investment Advisors LLC now owns 48,679 shares of the company’s stock valued at $29,645,000 after purchasing an additional 1,251 shares in the last quarter. AMI Asset Management Corp bought a new position in shares of VanEck Semiconductor ETF during the 3rd quarter worth about $289,000. Revisor Wealth Management LLC boosted its position in shares of VanEck Semiconductor ETF by 18.7% during the 3rd quarter. Revisor Wealth Management LLC now owns 412 shares of the company’s stock worth $231,000 after purchasing an additional 65 shares in the last quarter. DUTCH ASSET Corp grew its stake in shares of VanEck Semiconductor ETF by 25.0% in the 3rd quarter. DUTCH ASSET Corp now owns 676 shares of the company’s stock valued at $412,000 after buying an additional 135 shares during the period. Finally, South Shore Capital Advisors bought a new stake in VanEck Semiconductor ETF in the 3rd quarter valued at about $329,000.

VanEck Semiconductor ETF Price Performance

NASDAQ:SMH opened at $546.36 on Wednesday. VanEck Semiconductor ETF has a one year low of $315.05 and a one year high of $671.83. The company has a market cap of $66.49 billion, a PE ratio of 34.83 and a beta of 1.73. The firm has a 50-day moving average of $577.77 and a 200-day moving average of $564.34.

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.