KFA Private Wealth Group LLC Sells 38 Shares of VanEck Semiconductor ETF $SMH

KFA Private Wealth Group LLC lessened its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 3.3% in the second quarter, according to its most recent filing with the SEC. The firm owned 1,111 shares of the company’s stock after selling 38 shares during the period. KFA Private Wealth Group LLC’s holdings in VanEck Semiconductor ETF were worth $310,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the stock. Grove Bank & Trust acquired a new position in VanEck Semiconductor ETF during the second quarter valued at approximately $25,000. UMB Bank n.a. acquired a new position in shares of VanEck Semiconductor ETF during the second quarter worth about $28,000. Hilltop National Bank bought a new position in shares of VanEck Semiconductor ETF during the 2nd quarter worth approximately $28,000. Banque Transatlantique SA bought a new position in VanEck Semiconductor ETF in the first quarter valued at $27,000. Finally, Arlington Trust Co LLC grew its holdings in shares of VanEck Semiconductor ETF by 775.0% in the 1st quarter. Arlington Trust Co LLC now owns 175 shares of the company’s stock valued at $37,000 after acquiring an additional 155 shares in the last quarter.

VanEck Semiconductor ETF Stock Down 5.8%

NASDAQ:SMH opened at $325.34 on Friday. The firm has a market capitalization of $32.25 billion, a price-to-earnings ratio of 34.83 and a beta of 1.35. VanEck Semiconductor ETF has a twelve month low of $170.11 and a twelve month high of $348.53. The stock’s 50 day moving average price is $306.82 and its two-hundred day moving average price is $265.86.

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.