NTV Asset Management LLC decreased its holdings in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 65.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,626 shares of the company’s stock after selling 25,714 shares during the quarter. NTV Asset Management LLC’s holdings in VanEck Semiconductor ETF were worth $8,299,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SMH. Allied Private Wealth LLC bought a new stake in VanEck Semiconductor ETF in the second quarter valued at $26,000. MassMutual Private Wealth & Trust FSB purchased a new position in VanEck Semiconductor ETF during the 2nd quarter valued at $30,000. Kings Path Partners LLC bought a new position in VanEck Semiconductor ETF in the 3rd quarter worth $30,000. Timbuktu Capital Management LLC bought a new position in VanEck Semiconductor ETF in the 2nd quarter worth $33,000. Finally, Resources Management Corp CT ADV bought a new position in VanEck Semiconductor ETF in the 1st quarter worth $38,000.
VanEck Semiconductor ETF Trading Up 0.7%
NASDAQ:SMH opened at $527.20 on Friday. The company has a 50-day moving average price of $574.68 and a 200-day moving average price of $566.15. VanEck Semiconductor ETF has a 12 month low of $315.05 and a 12 month high of $671.83. The stock has a market cap of $65.71 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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