VanEck Semiconductor ETF $SMH Stock Sold by Triumph Capital Management

Triumph Capital Management reduced its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 96.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 987 shares of the company’s stock after selling 24,351 shares during the quarter. Triumph Capital Management’s holdings in VanEck Semiconductor ETF were worth $601,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Kaydan Wealth Management Inc. boosted its stake in VanEck Semiconductor ETF by 3.6% in the 3rd quarter. Kaydan Wealth Management Inc. now owns 520 shares of the company’s stock worth $317,000 after purchasing an additional 18 shares during the period. Berger Financial Group Inc grew its holdings in VanEck Semiconductor ETF by 1.3% during the 1st quarter. Berger Financial Group Inc now owns 1,659 shares of the company’s stock valued at $636,000 after buying an additional 21 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC increased its stake in VanEck Semiconductor ETF by 0.6% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,472 shares of the company’s stock worth $2,277,000 after acquiring an additional 21 shares during the last quarter. Goodman Advisory Group LLC increased its stake in VanEck Semiconductor ETF by 7.8% in the 1st quarter. Goodman Advisory Group LLC now owns 318 shares of the company’s stock worth $122,000 after acquiring an additional 23 shares during the last quarter. Finally, Howe & Rusling Inc. increased its stake in VanEck Semiconductor ETF by 4.3% in the 1st quarter. Howe & Rusling Inc. now owns 612 shares of the company’s stock worth $235,000 after acquiring an additional 25 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of SMH opened at $564.74 on Thursday. The stock has a market capitalization of $69.51 billion, a price-to-earnings 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. The business’s 50 day simple moving average is $579.83 and its 200-day simple moving average is $559.54.

VanEck Semiconductor ETF 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.