Harbour Wealth Management Group Inc. Sells 1,107 Shares of VanEck Semiconductor ETF $SMH

Harbour Wealth Management Group Inc. cut its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 23.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,534 shares of the company’s stock after selling 1,107 shares during the quarter. VanEck Semiconductor ETF comprises about 1.0% of Harbour Wealth Management Group Inc.’s holdings, making the stock its 25th largest position. Harbour Wealth Management Group Inc.’s holdings in VanEck Semiconductor ETF were worth $1,355,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of SMH. FARMERS & MERCHANTS TRUST Co OF LONG BEACH bought a new position in shares of VanEck Semiconductor ETF in the 1st quarter worth about $206,000. Sweeney & Michel LLC boosted its position in shares of VanEck Semiconductor ETF by 11.0% during the 1st quarter. Sweeney & Michel LLC now owns 777 shares of the company’s stock valued at $298,000 after purchasing an additional 77 shares in the last quarter. Everstar Asset Management LLC acquired a new stake in VanEck Semiconductor ETF during the first quarter worth approximately $219,000. SG Americas Securities LLC grew its stake in VanEck Semiconductor ETF by 687.4% during the first quarter. SG Americas Securities LLC now owns 70,788 shares of the company’s stock worth $27,140,000 after purchasing an additional 61,798 shares during the period. Finally, Tactive Advisors LLC grew its stake in VanEck Semiconductor ETF by 6.0% during the first quarter. Tactive Advisors LLC now owns 7,145 shares of the company’s stock worth $2,739,000 after purchasing an additional 407 shares during the period.

VanEck Semiconductor ETF Stock Performance

Shares of SMH stock opened at $668.91 on Tuesday. The company has a market cap of $77.72 billion, a P/E ratio of 34.83 and a beta of 1.72. VanEck Semiconductor ETF has a fifty-two week low of $257.12 and a fifty-two week high of $671.83. The stock has a 50 day simple moving average of $556.26 and a two-hundred day simple moving average of $447.94.

VanEck Semiconductor ETF Company 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.