NorthRock Partners LLC Reduces Position in VanEck Semiconductor ETF $SMH

NorthRock Partners LLC decreased its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 17.2% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 5,701 shares of the company’s stock after selling 1,188 shares during the quarter. NorthRock Partners LLC’s holdings in VanEck Semiconductor ETF were worth $3,739,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Allied Private Wealth LLC bought a new position in VanEck Semiconductor ETF in the 2nd quarter valued at $26,000. MassMutual Private Wealth & Trust FSB purchased a new stake in VanEck Semiconductor ETF in the second quarter worth $30,000. Timbuktu Capital Management LLC bought a new stake in shares of VanEck Semiconductor ETF during the second quarter worth $33,000. Trust Co. of Vermont bought a new stake in shares of VanEck Semiconductor ETF during the second quarter worth $46,000. Finally, Orion Capital Management LLC purchased a new stake in shares of VanEck Semiconductor ETF during the second quarter valued at $55,000.

VanEck Semiconductor ETF Trading Up 0.1%

Shares of SMH opened at $574.29 on Thursday. The firm has a fifty day moving average price of $569.72 and a 200-day moving average price of $525.38. The firm has a market capitalization of $72.15 billion, a P/E ratio of 34.83 and a beta of 1.73. VanEck Semiconductor ETF has a 12-month low of $298.77 and a 12-month high of $671.83.

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.