Moss Adams Wealth Advisors LLC reduced its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 7.2% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 111,865 shares of the company’s stock after selling 8,629 shares during the quarter. VanEck Semiconductor ETF accounts for 4.4% of Moss Adams Wealth Advisors LLC’s holdings, making the stock its 7th biggest holding. Moss Adams Wealth Advisors LLC owned approximately 0.09% of VanEck Semiconductor ETF worth $68,126,000 as of its most recent filing with the SEC.
A number of other hedge funds also recently modified their holdings of SMH. Allied Private Wealth LLC acquired a new position in shares of VanEck Semiconductor ETF in the 2nd quarter valued at approximately $26,000. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of VanEck Semiconductor ETF during the second quarter valued at about $30,000. Kings Path Partners LLC bought a new stake in VanEck Semiconductor ETF during the 3rd quarter worth approximately $30,000. Timbuktu Capital Management LLC acquired a new stake in VanEck Semiconductor ETF in the second quarter valued at $33,000. Finally, Resources Management Corp CT ADV bought a new position in VanEck Semiconductor ETF during the 1st quarter worth approximately $38,000.
VanEck Semiconductor ETF Stock Down 7.0%
SMH stock opened at $522.49 on Friday. The firm has a market cap of $66.59 billion, a price-to-earnings ratio of 34.83 and a beta of 1.73. The company’s fifty day simple moving average is $572.62 and its 200 day simple moving average is $518.19. VanEck Semiconductor ETF has a 12-month low of $315.05 and a 12-month high of $671.83.
VanEck Semiconductor ETF 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.
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