Visionary Wealth Advisors Sells 2,534 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Visionary Wealth Advisors reduced its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 60.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,690 shares of the company’s stock after selling 2,534 shares during the period. Visionary Wealth Advisors’ holdings in VanEck Semiconductor ETF were worth $409,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Savant Capital LLC bought a new stake in shares of VanEck Semiconductor ETF in the 4th quarter valued at about $403,000. Triumph Capital Management boosted its holdings in shares of VanEck Semiconductor ETF by 23.8% in the 4th quarter. Triumph Capital Management now owns 4,282 shares of the company’s stock valued at $1,037,000 after buying an additional 823 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of VanEck Semiconductor ETF by 48.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock valued at $319,983,000 after buying an additional 424,042 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of VanEck Semiconductor ETF by 31.5% in the 4th quarter. Bank of New York Mellon Corp now owns 25,916 shares of the company’s stock valued at $6,276,000 after buying an additional 6,215 shares in the last quarter. Finally, Van ECK Associates Corp boosted its holdings in shares of VanEck Semiconductor ETF by 12,475.4% in the 4th quarter. Van ECK Associates Corp now owns 8,677 shares of the company’s stock valued at $2,102,000 after buying an additional 8,608 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

NASDAQ:SMH opened at $245.54 on Wednesday. VanEck Semiconductor ETF has a fifty-two week low of $170.11 and a fifty-two week high of $283.07. The stock has a market capitalization of $22.24 billion, a P/E ratio of 30.48 and a beta of 1.35. The company’s 50-day simple moving average is $214.26 and its 200-day simple moving average is $234.60.

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.