Woodmont Investment Counsel LLC lessened its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 7.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,271 shares of the company’s stock after selling 2,266 shares during the quarter. Woodmont Investment Counsel LLC’s holdings in VanEck Semiconductor ETF were worth $7,884,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SMH. Grove Bank & Trust purchased a new stake in VanEck Semiconductor ETF during the 2nd quarter worth about $25,000. Banque Transatlantique SA purchased a new stake in VanEck Semiconductor ETF during the 1st quarter worth about $27,000. UMB Bank n.a. purchased a new stake in VanEck Semiconductor ETF during the 2nd quarter worth about $28,000. Hilltop National Bank purchased a new stake in VanEck Semiconductor ETF during the 2nd quarter worth about $28,000. Finally, Arlington Trust Co LLC increased its position in VanEck Semiconductor ETF by 775.0% during the 1st quarter. Arlington Trust Co LLC now owns 175 shares of the company’s stock worth $37,000 after purchasing an additional 155 shares in the last quarter.
VanEck Semiconductor ETF Trading Down 0.5%
Shares of NASDAQ:SMH opened at $336.68 on Monday. The stock’s 50-day moving average price is $301.94 and its two-hundred day moving average price is $262.50. VanEck Semiconductor ETF has a 12-month low of $170.11 and a 12-month high of $340.78. The firm has a market cap of $32.96 billion, a price-to-earnings ratio of 34.83 and a beta of 1.35.
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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