VanEck Semiconductor ETF $SMH Position Cut by Foguth Wealth Management LLC.

Foguth Wealth Management LLC. trimmed its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 83.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,554 shares of the company’s stock after selling 18,368 shares during the quarter. Foguth Wealth Management LLC.’s holdings in VanEck Semiconductor ETF were worth $2,164,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Allied Private Wealth LLC acquired a new stake in shares of VanEck Semiconductor ETF in the second quarter worth about $26,000. MassMutual Private Wealth & Trust FSB bought a new stake in shares of VanEck Semiconductor ETF during the 2nd quarter worth about $30,000. Timbuktu Capital Management LLC bought a new stake in shares of VanEck Semiconductor ETF during the 2nd quarter worth about $33,000. Resources Management Corp CT ADV acquired a new position in shares of VanEck Semiconductor ETF during the 1st quarter valued at about $38,000. Finally, Alpine Bank Wealth Management acquired a new position in shares of VanEck Semiconductor ETF during the 3rd quarter valued at about $39,000.

VanEck Semiconductor ETF Price Performance

Shares of SMH stock traded up $12.73 during trading on Monday, reaching $552.52. The company had a trading volume of 4,900,010 shares, compared to its average volume of 9,308,447. The firm’s 50 day simple moving average is $578.72 and its two-hundred day simple moving average is $562.09. VanEck Semiconductor ETF has a one year low of $315.05 and a one year high of $671.83. The company has a market capitalization of $67.46 billion, a PE ratio of 34.83 and a beta of 1.73.

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.