VanEck Semiconductor ETF $SMH Shares Sold by Soundwatch Capital LLC

Soundwatch Capital LLC lowered its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 95.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 613 shares of the company’s stock after selling 13,429 shares during the quarter. Soundwatch Capital LLC’s holdings in VanEck Semiconductor ETF were worth $386,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of SMH. Kaydan Wealth Management Inc. raised its holdings in VanEck Semiconductor ETF by 3.6% in the third quarter. Kaydan Wealth Management Inc. now owns 520 shares of the company’s stock worth $317,000 after purchasing an additional 18 shares during the period. Pinnacle Wealth Management Advisory Group LLC boosted its position in shares of VanEck Semiconductor ETF by 0.6% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,472 shares of the company’s stock worth $2,277,000 after purchasing an additional 21 shares in the last quarter. Lantern Wealth Advisors LLC grew its holdings in shares of VanEck Semiconductor ETF by 2.1% in the 3rd quarter. Lantern Wealth Advisors LLC now owns 1,030 shares of the company’s stock valued at $627,000 after buying an additional 21 shares during the period. Hohimer Wealth Management LLC grew its holdings in shares of VanEck Semiconductor ETF by 6.9% in the 3rd quarter. Hohimer Wealth Management LLC now owns 418 shares of the company’s stock valued at $255,000 after buying an additional 27 shares during the period. Finally, JSF Financial LLC grew its holdings in shares of VanEck Semiconductor ETF by 2.7% in the 1st quarter. JSF Financial LLC now owns 1,071 shares of the company’s stock valued at $411,000 after buying an additional 28 shares during the period.

VanEck Semiconductor ETF Trading Up 5.1%

Shares of VanEck Semiconductor ETF stock opened at $487.41 on Tuesday. The company has a market capitalization of $63.04 billion, a PE ratio of 24.39 and a beta of 1.80. VanEck Semiconductor ETF has a 12 month low of $315.05 and a 12 month high of $671.83. The stock’s fifty day simple moving average is $564.29 and its 200 day simple moving average is $520.99.

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.