Farther Finance Advisors LLC Has $380,000 Stock Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Farther Finance Advisors LLC lessened its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 40.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,789 shares of the company’s stock after selling 1,222 shares during the period. Farther Finance Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $380,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of SMH. Savant Capital LLC acquired a new position in VanEck Semiconductor ETF in the 4th quarter worth about $403,000. Allspring Global Investments Holdings LLC grew its stake in shares of VanEck Semiconductor ETF by 80.2% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 3,069 shares of the company’s stock valued at $743,000 after buying an additional 1,366 shares in the last quarter. Van ECK Associates Corp increased its holdings in VanEck Semiconductor ETF by 12,475.4% in the fourth quarter. Van ECK Associates Corp now owns 8,677 shares of the company’s stock worth $2,102,000 after buying an additional 8,608 shares during the last quarter. Principal Securities Inc. raised its position in VanEck Semiconductor ETF by 9.9% during the fourth quarter. Principal Securities Inc. now owns 22,502 shares of the company’s stock valued at $5,449,000 after acquiring an additional 2,022 shares in the last quarter. Finally, Allworth Financial LP raised its position in VanEck Semiconductor ETF by 40.1% during the fourth quarter. Allworth Financial LP now owns 1,250 shares of the company’s stock valued at $334,000 after acquiring an additional 358 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of SMH stock opened at $263.38 on Tuesday. The stock’s 50 day simple moving average is $228.41 and its 200 day simple moving average is $234.90. VanEck Semiconductor ETF has a twelve month low of $170.11 and a twelve month high of $283.07. The company has a market capitalization of $23.86 billion, a price-to-earnings ratio of 30.48 and a beta of 1.35.

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.