VanEck Semiconductor ETF $SMH Shares Sold by Bay Rivers Group

Bay Rivers Group trimmed its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 10.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,564 shares of the company’s stock after selling 2,096 shares during the quarter. VanEck Semiconductor ETF makes up about 2.6% of Bay Rivers Group’s portfolio, making the stock its 12th biggest holding. Bay Rivers Group’s holdings in VanEck Semiconductor ETF were worth $6,059,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in SMH. Montecito Bank & Trust acquired a new stake in VanEck Semiconductor ETF during the third quarter valued at $463,000. Mirador Capital Partners LP acquired a new position in shares of VanEck Semiconductor ETF in the third quarter worth about $239,000. Thrive Wealth Management LLC purchased a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter worth about $202,000. Clarus Wealth Advisors grew its position in shares of VanEck Semiconductor ETF by 1.2% during the 3rd quarter. Clarus Wealth Advisors now owns 4,874 shares of the company’s stock valued at $1,641,000 after acquiring an additional 56 shares during the period. Finally, Venture Visionary Partners LLC grew its position in shares of VanEck Semiconductor ETF by 66.3% during the 3rd quarter. Venture Visionary Partners LLC now owns 3,536 shares of the company’s stock valued at $1,154,000 after acquiring an additional 1,410 shares during the period.

VanEck Semiconductor ETF Stock Down 3.6%

Shares of VanEck Semiconductor ETF stock opened at $339.24 on Thursday. The firm has a market cap of $34.06 billion, a PE ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a twelve month low of $170.11 and a twelve month high of $375.59. The business has a 50-day moving average price of $350.48 and a 200 day moving average price of $311.78.

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.