VanEck Semiconductor ETF (NASDAQ:SMH) Shares Sold by Sigma Planning Corp

Sigma Planning Corp cut its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 7.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 24,857 shares of the company’s stock after selling 1,866 shares during the quarter. Sigma Planning Corp’s holdings in VanEck Semiconductor ETF were worth $6,101,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Atomi Financial Group Inc. lifted its position in VanEck Semiconductor ETF by 26.5% in the 1st quarter. Atomi Financial Group Inc. now owns 1,918 shares of the company’s stock valued at $432,000 after purchasing an additional 402 shares during the last quarter. Thoroughbred Financial Services LLC boosted its position in shares of VanEck Semiconductor ETF by 39.4% during the first quarter. Thoroughbred Financial Services LLC now owns 3,738 shares of the company’s stock worth $841,000 after buying an additional 1,057 shares during the period. Williams Jones Wealth Management LLC. bought a new position in VanEck Semiconductor ETF in the 1st quarter worth approximately $1,297,000. Trademark Financial Management LLC increased its position in VanEck Semiconductor ETF by 8.7% in the 1st quarter. Trademark Financial Management LLC now owns 2,641 shares of the company’s stock valued at $594,000 after acquiring an additional 212 shares during the period. Finally, US Bancorp DE raised its stake in VanEck Semiconductor ETF by 8.6% during the 1st quarter. US Bancorp DE now owns 5,198 shares of the company’s stock valued at $1,170,000 after acquiring an additional 413 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

NASDAQ:SMH opened at $259.34 on Friday. The stock has a market cap of $25.70 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 1 year low of $151.00 and a 1 year high of $283.07. The business has a fifty day moving average of $243.98 and a 200-day moving average of $244.03.

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.