VanEck Semiconductor ETF $SMH Stock Sold by NovaPoint Capital LLC

NovaPoint Capital LLC trimmed its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 90.4% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 403 shares of the company’s stock after selling 3,814 shares during the quarter. NovaPoint Capital LLC’s holdings in VanEck Semiconductor ETF were worth $245,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Allied Private Wealth LLC acquired a new position in VanEck Semiconductor ETF in the second quarter valued at about $26,000. MassMutual Private Wealth & Trust FSB acquired a new stake in VanEck Semiconductor ETF during the second quarter worth about $30,000. Kings Path Partners LLC acquired a new stake in VanEck Semiconductor ETF during the third quarter worth about $30,000. Timbuktu Capital Management LLC bought a new position in VanEck Semiconductor ETF in the 2nd quarter valued at about $33,000. Finally, Resources Management Corp CT ADV bought a new position in VanEck Semiconductor ETF in the 1st quarter valued at about $38,000.

VanEck Semiconductor ETF Stock Up 0.7%

Shares of NASDAQ:SMH traded up $3.85 during midday trading on Friday, hitting $527.20. The stock had a trading volume of 7,440,378 shares, compared to its average volume of 9,329,251. The company’s 50-day moving average price is $574.68 and its 200-day moving average price is $566.15. The company has a market capitalization of $64.15 billion, a P/E 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.