45,677 VanEck Semiconductor ETF $SMH Shares Sold by Moneco Advisors LLC

Moneco Advisors LLC lowered its position in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 74.0% during the 3rd quarter, Holdings Channel reports. The fund owned 16,031 shares of the company’s stock after selling 45,677 shares during the period. Moneco Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $9,763,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SMH. Thor Trading Advisors LLC raised its position in shares of VanEck Semiconductor ETF by 61.2% during the third quarter. Thor Trading Advisors LLC now owns 3,493 shares of the company’s stock worth $2,127,000 after purchasing an additional 1,326 shares during the period. Keybank National Association OH acquired a new stake in VanEck Semiconductor ETF in the 3rd quarter valued at $597,000. Marathon Wealth Advisors LLC grew its position in VanEck Semiconductor ETF by 24.0% in the 3rd quarter. Marathon Wealth Advisors LLC now owns 952 shares of the company’s stock valued at $580,000 after purchasing an additional 184 shares during the period. Cpwa LLC grew its position in VanEck Semiconductor ETF by 3.4% in the 3rd quarter. Cpwa LLC now owns 1,992 shares of the company’s stock valued at $1,177,000 after purchasing an additional 66 shares during the period. Finally, 71 West Capital Partners bought a new stake in VanEck Semiconductor ETF during the 3rd quarter valued at $301,000.

VanEck Semiconductor ETF Trading Down 0.8%

Shares of SMH stock opened at $483.63 on Wednesday. The firm has a fifty day simple moving average of $562.83 and a two-hundred day simple moving average of $521.39. VanEck Semiconductor ETF has a 12 month low of $315.05 and a 12 month high of $671.83. The firm has a market capitalization of $62.55 billion, a PE ratio of 24.39 and a beta of 1.80.

VanEck Semiconductor ETF Profile

(Free Report)

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.

Further Reading

• Five stocks we like better than VanEck Semiconductor ETF
• Why Kinder Morgan’s Chairman Just Bought $15 Million in Stock
• Rocket Lab’s Record Backlog Could Fuel a Rebound, But Neutron Raises the Stakes
• Don’t Let Their Low Yields Fool You: 3 Dividend Stocks Worth Watching
• A $4 Billion Jolt: NRG Energy Powers Data Center Ambitions

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).

Receive News & Ratings for VanEck Semiconductor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Semiconductor ETF and related companies with MarketBeat.com's FREE daily email newsletter.