VanEck Semiconductor ETF $SMH Stock Sold by Carnegie Investment Counsel

Carnegie Investment Counsel decreased its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 71.8% during the third quarter, Holdings Channel.com reports. The firm owned 4,064 shares of the company’s stock after selling 10,372 shares during the period. Carnegie Investment Counsel’s holdings in VanEck Semiconductor ETF were worth $2,475,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Allied Private Wealth LLC purchased a new stake in shares of VanEck Semiconductor ETF in the second quarter worth approximately $26,000. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of VanEck Semiconductor ETF during the second quarter worth approximately $30,000. Timbuktu Capital Management LLC acquired a new stake in shares of VanEck Semiconductor ETF during the second quarter worth approximately $33,000. Alpine Bank Wealth Management purchased a new position in VanEck Semiconductor ETF during the third quarter valued at approximately $39,000. Finally, Trust Co. of Vermont purchased a new position in VanEck Semiconductor ETF during the second quarter valued at approximately $46,000.

VanEck Semiconductor ETF Stock Performance

Shares of SMH opened at $556.70 on Thursday. The company has a market capitalization of $67.74 billion, a PE ratio of 34.83 and a beta of 1.73. The company’s 50 day moving average price is $577.20 and its 200 day moving average price is $565.50. 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.