Root Financial Partners LLC decreased its holdings in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 92.1% in the 3rd quarter, Holdings Channel reports. The firm owned 798 shares of the company’s stock after selling 9,242 shares during the period. Root Financial Partners LLC’s holdings in VanEck Semiconductor ETF were worth $486,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Kaydan Wealth Management Inc. boosted its stake in VanEck Semiconductor ETF by 3.6% during 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 position 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 worth $636,000 after purchasing an additional 21 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC increased its stake in VanEck Semiconductor ETF by 0.6% in the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,472 shares of the company’s stock valued at $2,277,000 after purchasing an additional 21 shares during the period. Goodman Advisory Group LLC increased its stake in VanEck Semiconductor ETF by 7.8% in the first quarter. Goodman Advisory Group LLC now owns 318 shares of the company’s stock valued at $122,000 after purchasing an additional 23 shares during the period. Finally, Howe & Rusling Inc. increased its stake in VanEck Semiconductor ETF by 4.3% in the first quarter. Howe & Rusling Inc. now owns 612 shares of the company’s stock valued at $235,000 after purchasing an additional 25 shares during the period.
VanEck Semiconductor ETF Stock Performance
Shares of NASDAQ:SMH opened at $527.20 on Friday. The company has a 50-day simple moving average of $574.68 and a 200-day simple moving average of $566.15. VanEck Semiconductor ETF has a one year low of $315.05 and a one year high of $671.83. The stock has a market capitalization of $64.15 billion, a price-to-earnings ratio of 34.83 and a beta of 1.73.
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.
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Want to see what other hedge funds are holding SMH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Semiconductor ETF (NASDAQ:SMH – Free Report).
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