Trademark Financial Management LLC decreased its position in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 62.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,608 shares of the company’s stock after selling 7,774 shares during the quarter. VanEck Semiconductor ETF comprises approximately 1.1% of Trademark Financial Management LLC’s holdings, making the stock its 23rd largest position. Trademark Financial Management LLC’s holdings in VanEck Semiconductor ETF were worth $2,806,000 at the end of the most recent quarter.
Several other institutional investors have also modified their holdings of the company. Financial Management Professionals Inc. bought a new stake in VanEck Semiconductor ETF in the third quarter worth about $135,000. Total Wealth Planning & Management Inc. lifted its holdings in VanEck Semiconductor ETF by 9.3% in the 3rd quarter. Total Wealth Planning & Management Inc. now owns 833 shares of the company’s stock valued at $507,000 after acquiring an additional 71 shares during the last quarter. Valley National Advisers Inc. bought a new position in shares of VanEck Semiconductor ETF during the 3rd quarter valued at about $5,934,000. Signaturefd LLC bought a new position in shares of VanEck Semiconductor ETF during the 3rd quarter valued at about $890,000. Finally, McGuire Investment Group LLC boosted its position in shares of VanEck Semiconductor ETF by 0.9% during the 3rd quarter. McGuire Investment Group LLC now owns 7,010 shares of the company’s stock valued at $4,269,000 after purchasing an additional 62 shares in the last quarter.
VanEck Semiconductor ETF Price Performance
Shares of SMH opened at $527.20 on Monday. The firm’s 50 day moving average is $574.68 and its 200-day moving average is $567.34. The stock has a market capitalization of $65.71 billion, a P/E ratio of 34.83 and a beta of 1.73. 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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