Sax Wealth Advisors LLC Sells 5,663 Shares of VanEck Semiconductor ETF $SMH

Sax Wealth Advisors LLC lessened its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 87.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 792 shares of the company’s stock after selling 5,663 shares during the quarter. Sax Wealth Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $482,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Allied Private Wealth LLC bought a new stake in VanEck Semiconductor ETF during the second quarter valued at about $26,000. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of VanEck Semiconductor ETF in the second quarter valued at about $30,000. Timbuktu Capital Management LLC acquired a new stake in shares of VanEck Semiconductor ETF in the second quarter valued at about $33,000. Resources Management Corp CT ADV acquired a new stake in shares of VanEck Semiconductor ETF in the first quarter valued at about $38,000. Finally, Trust Co. of Vermont bought a new position in shares of VanEck Semiconductor ETF in the second quarter worth about $46,000.

VanEck Semiconductor ETF Stock Performance

VanEck Semiconductor ETF stock opened at $558.84 on Friday. VanEck Semiconductor ETF has a 52 week low of $315.05 and a 52 week high of $671.83. The firm has a market capitalization of $67.33 billion, a PE ratio of 34.83 and a beta of 1.73. The business’s 50-day simple moving average is $579.57 and its 200-day simple moving average is $560.84.

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.