Spire Wealth Management Sells 24,279 Shares of VanEck Semiconductor ETF $SMH

Spire Wealth Management lessened its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 62.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,872 shares of the company’s stock after selling 24,279 shares during the period. Spire Wealth Management’s holdings in VanEck Semiconductor ETF were worth $4,147,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the stock. Allspring Global Investments Holdings LLC lifted its holdings in VanEck Semiconductor ETF by 13.0% in the second quarter. Allspring Global Investments Holdings LLC now owns 3,469 shares of the company’s stock valued at $967,000 after buying an additional 400 shares during the period. M&T Bank Corp raised its position in shares of VanEck Semiconductor ETF by 7.2% during the 1st quarter. M&T Bank Corp now owns 1,601 shares of the company’s stock valued at $339,000 after acquiring an additional 107 shares during the last quarter. Fifth Third Bancorp raised its position in shares of VanEck Semiconductor ETF by 188.5% during the 2nd quarter. Fifth Third Bancorp now owns 300 shares of the company’s stock valued at $84,000 after acquiring an additional 196 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of VanEck Semiconductor ETF by 19.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 30,737 shares of the company’s stock valued at $8,718,000 after acquiring an additional 5,092 shares during the last quarter. Finally, US Bancorp DE raised its position in shares of VanEck Semiconductor ETF by 6.4% during the 2nd quarter. US Bancorp DE now owns 5,049 shares of the company’s stock valued at $1,408,000 after acquiring an additional 302 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of VanEck Semiconductor ETF stock opened at $363.73 on Friday. The firm has a fifty day moving average of $322.39 and a two-hundred day moving average of $280.58. The stock has a market capitalization of $36.11 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a 52 week low of $170.11 and a 52 week high of $372.78.

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.