Darden Wealth Group Inc Sells 107 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Darden Wealth Group Inc cut its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 3.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,345 shares of the company’s stock after selling 107 shares during the period. Darden Wealth Group Inc’s holdings in VanEck Semiconductor ETF were worth $810,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in SMH. Russell Investments Group Ltd. raised its position in shares of VanEck Semiconductor ETF by 529.3% during the fourth quarter. Russell Investments Group Ltd. now owns 258 shares of the company’s stock valued at $62,000 after buying an additional 217 shares during the last quarter. Perennial Investment Advisors LLC increased its stake in VanEck Semiconductor ETF by 35.5% during the fourth quarter. Perennial Investment Advisors LLC now owns 3,459 shares of the company’s stock valued at $838,000 after acquiring an additional 906 shares during the period. KCM Investment Advisors LLC increased its stake in VanEck Semiconductor ETF by 3.1% during the fourth quarter. KCM Investment Advisors LLC now owns 4,009 shares of the company’s stock valued at $971,000 after acquiring an additional 120 shares during the period. Smith Moore & CO. raised its holdings in VanEck Semiconductor ETF by 17.1% in the 4th quarter. Smith Moore & CO. now owns 3,293 shares of the company’s stock valued at $797,000 after acquiring an additional 481 shares in the last quarter. Finally, Thoroughbred Financial Services LLC lifted its position in shares of VanEck Semiconductor ETF by 4.3% in the 4th quarter. Thoroughbred Financial Services LLC now owns 6,391 shares of the company’s stock worth $1,547,000 after acquiring an additional 264 shares during the period.

VanEck Semiconductor ETF Trading Down 7.6 %

SMH opened at $180.80 on Friday. The stock has a market cap of $16.29 billion, a PE ratio of 25.25 and a beta of 1.39. VanEck Semiconductor ETF has a 1 year low of $178.23 and a 1 year high of $283.07. The stock’s 50 day simple moving average is $232.34 and its 200-day simple moving average is $242.95.

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.