Concurrent Investment Advisors LLC Sells 857 Shares of VanEck Semiconductor ETF $SMH

Concurrent Investment Advisors LLC lessened its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 1.7% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 51,010 shares of the company’s stock after selling 857 shares during the period. Concurrent Investment Advisors LLC owned approximately 0.05% of VanEck Semiconductor ETF worth $14,225,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Hall Capital Management Co. Inc. boosted its holdings in shares of VanEck Semiconductor ETF by 0.3% in the second quarter. Hall Capital Management Co. Inc. now owns 12,867 shares of the company’s stock valued at $3,588,000 after buying an additional 37 shares during the period. Delos Wealth Advisors LLC boosted its holdings in shares of VanEck Semiconductor ETF by 0.6% in the first quarter. Delos Wealth Advisors LLC now owns 7,402 shares of the company’s stock valued at $1,565,000 after buying an additional 43 shares during the period. Sound View Wealth Advisors Group LLC boosted its holdings in shares of VanEck Semiconductor ETF by 1.3% in the first quarter. Sound View Wealth Advisors Group LLC now owns 3,511 shares of the company’s stock valued at $742,000 after buying an additional 46 shares during the period. Signature Estate & Investment Advisors LLC boosted its holdings in shares of VanEck Semiconductor ETF by 1.2% in the first quarter. Signature Estate & Investment Advisors LLC now owns 3,990 shares of the company’s stock valued at $844,000 after buying an additional 47 shares during the period. Finally, GK Wealth Management LLC boosted its holdings in shares of VanEck Semiconductor ETF by 2.6% in the second quarter. GK Wealth Management LLC now owns 1,889 shares of the company’s stock valued at $527,000 after buying an additional 47 shares during the period.

VanEck Semiconductor ETF Stock Down 5.8%

VanEck Semiconductor ETF stock opened at $325.34 on Friday. The stock has a market capitalization of $32.25 billion, a PE 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 company has a 50 day moving average of $306.82 and a 200-day moving average of $266.16.

VanEck Semiconductor ETF 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.