Signal Advisors Wealth LLC Sells 1,414 Shares of VanEck Semiconductor ETF $SMH

Signal Advisors Wealth LLC trimmed its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 23.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,690 shares of the company’s stock after selling 1,414 shares during the period. Signal Advisors Wealth LLC’s holdings in VanEck Semiconductor ETF were worth $1,798,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of SMH. AQR Capital Management LLC boosted its position in VanEck Semiconductor ETF by 4.8% in the 1st quarter. AQR Capital Management LLC now owns 2,381 shares of the company’s stock valued at $504,000 after buying an additional 109 shares during the last quarter. Empowered Funds LLC increased its stake in shares of VanEck Semiconductor ETF by 32.5% in the 1st quarter. Empowered Funds LLC now owns 11,789 shares of the company’s stock valued at $2,493,000 after buying an additional 2,890 shares during the period. EverSource Wealth Advisors LLC raised its position in shares of VanEck Semiconductor ETF by 28.6% during the second quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock worth $133,000 after acquiring an additional 106 shares during the last quarter. First Trust Advisors LP bought a new stake in shares of VanEck Semiconductor ETF during the second quarter worth $370,000. Finally, Gamco Investors INC. ET AL acquired a new position in shares of VanEck Semiconductor ETF during the second quarter valued at $1,116,000.

VanEck Semiconductor ETF Stock Down 7.0%

VanEck Semiconductor ETF stock opened at $622.05 on Wednesday. The business’s 50-day simple moving average is $559.97 and its 200 day simple moving average is $449.76. The stock has a market cap of $72.28 billion, a price-to-earnings ratio of 34.83 and a beta of 1.72. VanEck Semiconductor ETF has a 12-month low of $265.74 and a 12-month high of $671.83.

About VanEck Semiconductor ETF

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.