Harbor Group Inc. Sells 500,928 Shares of VanEck Semiconductor ETF $SMH

Harbor Group Inc. lowered its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 99.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 351 shares of the company’s stock after selling 500,928 shares during the period. Harbor Group Inc.’s holdings in VanEck Semiconductor ETF were worth $214,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Allied Private Wealth LLC acquired a new stake in VanEck Semiconductor ETF during the second quarter valued at approximately $26,000. MassMutual Private Wealth & Trust FSB purchased a new position in shares of VanEck Semiconductor ETF in the second quarter worth approximately $30,000. Timbuktu Capital Management LLC acquired a new stake in shares of VanEck Semiconductor ETF during the second quarter valued at approximately $33,000. Resources Management Corp CT ADV acquired a new position in VanEck Semiconductor ETF in the 1st quarter worth approximately $38,000. Finally, Trust Co. of Vermont purchased a new stake in shares of VanEck Semiconductor ETF in the second quarter valued at $46,000.

VanEck Semiconductor ETF Trading Down 4.0%

Shares of VanEck Semiconductor ETF stock opened at $564.74 on Thursday. The stock has a 50-day moving average price of $579.83 and a 200 day moving average price of $559.54. The company has a market cap of $69.51 billion, a P/E ratio of 34.83 and a beta of 1.73. VanEck Semiconductor ETF has a 1 year low of $315.05 and a 1 year high of $671.83.

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.