Ameritas Advisory Services LLC lessened its stake in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 30.5% in the 3rd quarter, Holdings Channel reports. The firm owned 23,910 shares of the company’s stock after selling 10,473 shares during the period. Ameritas Advisory Services LLC’s holdings in VanEck Semiconductor ETF were worth $5,869,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mendota Financial Group LLC acquired a new stake in shares of VanEck Semiconductor ETF during the third quarter worth about $25,000. Chilton Capital Management LLC acquired a new stake in VanEck Semiconductor ETF during the 2nd quarter worth approximately $26,000. Innealta Capital LLC purchased a new position in VanEck Semiconductor ETF in the 2nd quarter valued at approximately $28,000. Financial Management Professionals Inc. purchased a new stake in shares of VanEck Semiconductor ETF during the third quarter worth $28,000. Finally, TD Capital Management LLC acquired a new stake in shares of VanEck Semiconductor ETF in the second quarter valued at $29,000.
VanEck Semiconductor ETF Trading Up 1.3 %
NASDAQ:SMH traded up $3.29 during midday trading on Tuesday, reaching $247.56. The company had a trading volume of 305,250 shares, compared to its average volume of 8,053,867. The stock’s fifty day simple moving average is $242.86 and its 200-day simple moving average is $243.09. VanEck Semiconductor ETF has a 12-month low of $148.29 and a 12-month high of $283.07. The firm has a market capitalization of $24.53 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35.
About VanEck Semiconductor ETF
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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