5,081 VanEck Semiconductor ETF $SMH Shares Sold by Merkkuri Wealth Advisors LLC

Merkkuri Wealth Advisors LLC lessened its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 88.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 676 shares of the company’s stock after selling 5,081 shares during the period. Merkkuri Wealth Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $412,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Tamar Securities LLC grew its position in VanEck Semiconductor ETF by 14.8% during the 3rd quarter. Tamar Securities LLC now owns 22,782 shares of the company’s stock worth $13,874,000 after purchasing an additional 2,945 shares during the last quarter. Asset Dedication LLC purchased a new position in shares of VanEck Semiconductor ETF in the third quarter worth $172,000. Canvas Wealth Advisors LLC lifted its stake in shares of VanEck Semiconductor ETF by 7.1% during the third quarter. Canvas Wealth Advisors LLC now owns 1,458 shares of the company’s stock worth $819,000 after buying an additional 97 shares during the period. Asset One Wealth Management LLC lifted its stake in shares of VanEck Semiconductor ETF by 2.9% during the third quarter. Asset One Wealth Management LLC now owns 4,137 shares of the company’s stock worth $2,519,000 after buying an additional 115 shares during the period. Finally, International Assets Investment Management LLC grew its holdings in shares of VanEck Semiconductor ETF by 6.9% during the third quarter. International Assets Investment Management LLC now owns 12,579 shares of the company’s stock valued at $7,771,000 after buying an additional 807 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ SMH traded up $16.23 during mid-day trading on Friday, hitting $463.96. The stock had a trading volume of 16,834,032 shares, compared to its average volume of 9,480,344. The company has a 50 day moving average of $565.60 and a two-hundred day moving average of $520.56. VanEck Semiconductor ETF has a twelve month low of $315.05 and a twelve month high of $671.83. The firm has a market cap of $58.92 billion, a PE ratio of 34.83 and a beta of 1.78.

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.