VanEck Semiconductor ETF (NASDAQ:SMH) Shares Sold by Main Street Financial Solutions LLC

Main Street Financial Solutions LLC reduced its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 16.4% during the 3rd quarter, Holdings Channel reports. The fund owned 1,213 shares of the company’s stock after selling 238 shares during the period. Main Street Financial Solutions LLC’s holdings in VanEck Semiconductor ETF were worth $298,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of SMH. Mendota Financial Group LLC purchased a new stake in shares of VanEck Semiconductor ETF in the third quarter valued at $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 acquired a new stake in shares of VanEck Semiconductor ETF in the second quarter worth $28,000. Financial Management Professionals Inc. purchased a new position in VanEck Semiconductor ETF in the third quarter valued at about $28,000. Finally, TD Capital Management LLC purchased a new stake in shares of VanEck Semiconductor ETF during the 2nd quarter valued at about $29,000.

VanEck Semiconductor ETF Trading Up 0.2 %

Shares of SMH stock opened at $248.18 on Friday. VanEck Semiconductor ETF has a twelve month low of $156.56 and a twelve month high of $283.07. The company has a market capitalization of $24.59 billion, a PE ratio of 18.82 and a beta of 1.35. The firm has a fifty day simple moving average of $245.18 and a 200-day simple moving average of $245.09.

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.