Brookstone Capital Management Sells 2,974 Shares of VanEck Semiconductor ETF $SMH

Brookstone Capital Management lowered its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 18.4% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 13,230 shares of the company’s stock after selling 2,974 shares during the period. Brookstone Capital Management’s holdings in VanEck Semiconductor ETF were worth $4,765,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Bank of Nova Scotia raised its stake in VanEck Semiconductor ETF by 24,986.6% during the third quarter. Bank of Nova Scotia now owns 755,107 shares of the company’s stock worth $246,437,000 after buying an additional 752,097 shares during the last quarter. Capital Markets Trading UK LLP grew its holdings in VanEck Semiconductor ETF by 100.7% during the 3rd quarter. Capital Markets Trading UK LLP now owns 4,319 shares of the company’s stock worth $1,410,000 after acquiring an additional 617,050 shares during the period. CMT Capital Markets Trading GmbH grew its holdings in VanEck Semiconductor ETF by 102.0% during the 2nd quarter. CMT Capital Markets Trading GmbH now owns 10,437 shares of the company’s stock worth $2,910,000 after acquiring an additional 531,232 shares during the period. Schonfeld Strategic Advisors LLC raised its position in shares of VanEck Semiconductor ETF by 104.6% in the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 10,908 shares of the company’s stock worth $3,560,000 after acquiring an additional 247,500 shares in the last quarter. Finally, Quadrature Capital Ltd raised its position in shares of VanEck Semiconductor ETF by 3,365.8% in the 3rd quarter. Quadrature Capital Ltd now owns 179,946 shares of the company’s stock worth $58,725,000 after acquiring an additional 174,754 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ:SMH opened at $391.97 on Thursday. VanEck Semiconductor ETF has a 1 year low of $170.11 and a 1 year high of $427.94. The business’s 50-day moving average is $399.38 and its 200-day moving average is $368.94. The company has a market capitalization of $41.84 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52.

VanEck Semiconductor ETF Company 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.