Milestones Private Investment Advisors LLC decreased its position in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 45.5% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 4,674 shares of the company’s stock after selling 3,900 shares during the quarter. VanEck Semiconductor ETF accounts for about 2.3% of Milestones Private Investment Advisors LLC’s investment portfolio, making the stock its 9th biggest holding. Milestones Private Investment Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $2,846,000 as of its most recent SEC filing.
A number of other hedge funds have also recently added to or reduced their stakes in SMH. Allied Private Wealth LLC bought a new position in VanEck Semiconductor ETF during the second quarter valued at approximately $26,000. MassMutual Private Wealth & Trust FSB acquired a new stake in VanEck Semiconductor ETF in the second quarter valued at approximately $30,000. Timbuktu Capital Management LLC acquired a new stake in VanEck Semiconductor ETF in the second quarter valued at approximately $33,000. Alpine Bank Wealth Management acquired a new stake in VanEck Semiconductor ETF in the third quarter valued at approximately $39,000. Finally, Trust Co. of Vermont bought a new stake in VanEck Semiconductor ETF in the second quarter worth approximately $46,000.
VanEck Semiconductor ETF Stock Up 1.6%
SMH stock opened at $548.46 on Tuesday. The firm has a 50 day moving average of $578.30 and a two-hundred day moving average of $563.25. VanEck Semiconductor ETF has a 12 month low of $315.05 and a 12 month high of $671.83. The company has a market capitalization of $66.96 billion, a price-to-earnings ratio of 34.83 and a beta of 1.73.
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.
Further Reading
- Five stocks we like better than VanEck Semiconductor ETF
- Tesla’s Roadster Reveal Hints at 2 Much Bigger Moves
- The AI Sell-Off Continues—These 3 Stocks Keep Raising Guidance Anyway
- Mr. Wonderful’s Test for AI Data Center Stocks: Power, Permits, and Tenants
- Alcoa Beat Earnings, But Can It Escape the Aluminum Bears?
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.
