414,214 VanEck Semiconductor ETF $SMH Shares Sold by Money Concepts Capital Corp

Money Concepts Capital Corp lowered its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 95.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 17,575 shares of the company’s stock after selling 414,214 shares during the period. Money Concepts Capital Corp’s holdings in VanEck Semiconductor ETF were worth $10,703,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of SMH. Allworth Financial LP lifted its stake in VanEck Semiconductor ETF by 0.9% during the 3rd quarter. Allworth Financial LP now owns 8,725 shares of the company’s stock valued at $5,723,000 after acquiring an additional 75 shares during the period. SVB Wealth LLC acquired a new stake in shares of VanEck Semiconductor ETF in the third quarter worth $334,000. Private Advisory Group LLC raised its holdings in shares of VanEck Semiconductor ETF by 7,726.4% during the third quarter. Private Advisory Group LLC now owns 25,201 shares of the company’s stock worth $15,348,000 after purchasing an additional 24,879 shares during the last quarter. Russell Investments Group Ltd. raised its holdings in shares of VanEck Semiconductor ETF by 3.4% during the third quarter. Russell Investments Group Ltd. now owns 1,727 shares of the company’s stock worth $1,052,000 after purchasing an additional 56 shares during the last quarter. Finally, Everest Financial Group LLC raised its holdings in shares of VanEck Semiconductor ETF by 128.8% during the third quarter. Everest Financial Group LLC now owns 1,460 shares of the company’s stock worth $889,000 after purchasing an additional 822 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

NASDAQ SMH opened at $501.73 on Friday. The company has a market capitalization of $64.49 billion, a PE ratio of 24.39 and a beta of 1.78. The company has a fifty day moving average of $561.09 and a 200 day moving average of $522.44. VanEck Semiconductor ETF has a 1 year low of $315.05 and a 1 year high of $671.83.

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.