27,974 VanEck Semiconductor ETF $SMH Shares Sold by Fifth Third Securities Inc.

Fifth Third Securities Inc. reduced its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 45.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,635 shares of the company’s stock after selling 27,974 shares during the quarter. VanEck Semiconductor ETF makes up 1.0% of Fifth Third Securities Inc.’s holdings, making the stock its 20th largest position. Fifth Third Securities Inc.’s holdings in VanEck Semiconductor ETF were worth $20,484,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Allied Private Wealth LLC purchased a new position in VanEck Semiconductor ETF in the second quarter worth $26,000. MassMutual Private Wealth & Trust FSB purchased a new stake in shares of VanEck Semiconductor ETF during the second quarter valued at $30,000. Timbuktu Capital Management LLC acquired a new stake in VanEck Semiconductor ETF during the 2nd quarter worth about $33,000. Resources Management Corp CT ADV acquired a new position in shares of VanEck Semiconductor ETF in the first quarter valued at about $38,000. Finally, Alpine Bank Wealth Management acquired a new stake in shares of VanEck Semiconductor ETF during the third quarter worth about $39,000.

VanEck Semiconductor ETF Price Performance

NASDAQ:SMH traded up $10.65 during mid-day trading on Wednesday, hitting $557.01. The company’s stock had a trading volume of 4,362,829 shares, compared to its average volume of 9,291,670. VanEck Semiconductor ETF has a 1 year low of $315.05 and a 1 year high of $671.83. The stock has a market cap of $67.78 billion, a price-to-earnings ratio of 34.83 and a beta of 1.73. The business’s fifty day moving average is $577.77 and its two-hundred day moving average is $564.34.

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.