VanEck Semiconductor ETF $SMH Shares Sold by Csenge Advisory Group

Csenge Advisory Group reduced its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 12.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,720 shares of the company’s stock after selling 3,231 shares during the period. Csenge Advisory Group’s holdings in VanEck Semiconductor ETF were worth $14,445,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in SMH. Allied Private Wealth LLC acquired a new stake in VanEck Semiconductor ETF during the second quarter valued at $26,000. MassMutual Private Wealth & Trust FSB purchased a new position in VanEck Semiconductor ETF in the second quarter valued at $30,000. Timbuktu Capital Management LLC purchased a new position in VanEck Semiconductor ETF in the second quarter valued at $33,000. Kings Path Partners LLC acquired a new position in shares of VanEck Semiconductor ETF in the third quarter worth about $30,000. Finally, Alpine Bank Wealth Management acquired a new position in shares of VanEck Semiconductor ETF in the third quarter worth about $39,000.

VanEck Semiconductor ETF Stock Performance

Shares of VanEck Semiconductor ETF stock opened at $483.63 on Wednesday. The firm has a 50-day simple moving average of $562.83 and a two-hundred day simple moving average of $521.39. VanEck Semiconductor ETF has a fifty-two week low of $315.05 and a fifty-two week high of $671.83. The company has a market cap of $62.55 billion, a P/E ratio of 24.39 and a beta of 1.80.

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.