Bay Rivers Group lowered its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 17.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,181 shares of the company’s stock after selling 2,800 shares during the quarter. VanEck Semiconductor ETF accounts for about 3.0% of Bay Rivers Group’s portfolio, making the stock its 9th largest position. Bay Rivers Group’s holdings in VanEck Semiconductor ETF were worth $8,645,000 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 business. Allied Private Wealth LLC purchased a new stake in shares of VanEck Semiconductor ETF during the 2nd quarter valued at about $26,000. WealthCollab LLC purchased a new position in VanEck Semiconductor ETF in the fourth quarter worth about $28,000. MassMutual Private Wealth & Trust FSB purchased a new position in VanEck Semiconductor ETF in the second quarter worth about $30,000. Investment Counsel Co. of Nevada bought a new stake in VanEck Semiconductor ETF during the fourth quarter worth approximately $35,000. Finally, Core Wealth Advisors LLC bought a new stake in VanEck Semiconductor ETF during the fourth quarter worth approximately $36,000.
VanEck Semiconductor ETF Price Performance
Shares of SMH stock opened at $582.70 on Monday. The company has a market cap of $73.21 billion, a PE ratio of 34.83 and a beta of 1.73. VanEck Semiconductor ETF has a 1 year low of $281.15 and a 1 year high of $671.83. The stock’s 50 day simple moving average is $595.49 and its two-hundred day simple moving average is $499.06.
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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