VanEck Semiconductor ETF $SMH Stock Sold by Crown Wealth Group LLC

Crown Wealth Group LLC lessened its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 30.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,555 shares of the company’s stock after selling 6,069 shares during the period. VanEck Semiconductor ETF accounts for 2.0% of Crown Wealth Group LLC’s portfolio, making the stock its 13th largest holding. Crown Wealth Group LLC’s holdings in VanEck Semiconductor ETF were worth $8,255,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SMH. Schuylkill Financial LLC acquired a new position in VanEck Semiconductor ETF during the 2nd quarter worth $2,262,000. XML Financial LLC boosted its holdings in VanEck Semiconductor ETF by 4,002.7% during the second quarter. XML Financial LLC now owns 27,693 shares of the company’s stock valued at $18,164,000 after acquiring an additional 27,018 shares during the period. Markowski Investments bought a new stake in VanEck Semiconductor ETF during the second quarter valued at about $656,000. Valued Retirements Inc. bought a new stake in VanEck Semiconductor ETF during the second quarter valued at about $4,503,000. Finally, Atomic Invest LLC grew its position in shares of VanEck Semiconductor ETF by 1,015.3% in the second quarter. Atomic Invest LLC now owns 21,916 shares of the company’s stock valued at $13,855,000 after purchasing an additional 19,951 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ:SMH traded up $8.67 during midday trading on Monday, hitting $548.46. The company’s stock had a trading volume of 8,154,903 shares, compared to its average volume of 9,326,031. The stock’s 50 day simple moving average is $578.72 and its 200 day simple moving average is $562.09. The stock has a market capitalization of $66.96 billion, a price-to-earnings ratio of 34.83 and a beta of 1.73. VanEck Semiconductor ETF has a fifty-two week low of $315.05 and a fifty-two week 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.