VanEck Semiconductor ETF $SMH Shares Sold by Integrated Advisors Network LLC

Integrated Advisors Network LLC cut its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 89.8% during the third quarter, HoldingsChannel reports. The firm owned 2,905 shares of the company’s stock after selling 25,675 shares during the period. Integrated Advisors Network LLC’s holdings in VanEck Semiconductor ETF were worth $1,769,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in SMH. Kaydan Wealth Management Inc. increased its stake in VanEck Semiconductor ETF by 3.6% in the 3rd quarter. Kaydan Wealth Management Inc. now owns 520 shares of the company’s stock worth $317,000 after buying an additional 18 shares during the period. Berger Financial Group Inc increased its position in shares of VanEck Semiconductor ETF by 1.3% during the first quarter. Berger Financial Group Inc now owns 1,659 shares of the company’s stock worth $636,000 after acquiring an additional 21 shares during the period. Pinnacle Wealth Management Advisory Group LLC raised its stake in shares of VanEck Semiconductor ETF by 0.6% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,472 shares of the company’s stock valued at $2,277,000 after acquiring an additional 21 shares in the last quarter. Goodman Advisory Group LLC raised its stake in shares of VanEck Semiconductor ETF by 7.8% during the first quarter. Goodman Advisory Group LLC now owns 318 shares of the company’s stock valued at $122,000 after acquiring an additional 23 shares in the last quarter. Finally, Howe & Rusling Inc. raised its stake in shares of VanEck Semiconductor ETF by 4.3% during the first quarter. Howe & Rusling Inc. now owns 612 shares of the company’s stock valued at $235,000 after acquiring an additional 25 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ SMH opened at $556.70 on Thursday. The firm has a market capitalization of $67.74 billion, a price-to-earnings ratio of 34.83 and a beta of 1.73. The stock has a 50 day moving average price of $577.20 and a 200 day moving average price of $565.50. VanEck Semiconductor ETF has a 52-week low of $315.05 and a 52-week high of $671.83.

VanEck Semiconductor ETF Company Profile

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.