VanEck Semiconductor ETF $SMH Stock: Integrated Advisors Network LLC Cuts Stake

Integrated Advisors Network LLC reduced its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 89.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,905 shares of the company’s stock after selling 25,675 shares during the quarter. Integrated Advisors Network LLC’s holdings in VanEck Semiconductor ETF were worth $1,769,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Allied Private Wealth LLC purchased a new position in shares of VanEck Semiconductor ETF during the second quarter valued at approximately $26,000. MassMutual Private Wealth & Trust FSB bought a new position in shares of VanEck Semiconductor ETF during the second quarter valued at approximately $30,000. Timbuktu Capital Management LLC purchased a new stake in shares of VanEck Semiconductor ETF in the second quarter worth approximately $33,000. Resources Management Corp CT ADV purchased a new stake in shares of VanEck Semiconductor ETF in the first quarter worth approximately $38,000. Finally, Alpine Bank Wealth Management purchased a new stake in shares of VanEck Semiconductor ETF in the third quarter worth approximately $39,000.

VanEck Semiconductor ETF Stock Performance

Shares of SMH stock opened at $556.70 on Thursday. VanEck Semiconductor ETF has a 52-week low of $315.05 and a 52-week high of $671.83. The firm has a market capitalization of $67.74 billion, a P/E ratio of 34.83 and a beta of 1.73. The stock has a 50 day moving average price of $577.20 and a 200 day moving average price of $565.50.

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.