149,385 VanEck Semiconductor ETF $SMH Shares Sold by HBW Advisory Services LLC

HBW Advisory Services LLC reduced its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 86.0% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 24,292 shares of the company’s stock after selling 149,385 shares during the quarter. VanEck Semiconductor ETF makes up 1.4% of HBW Advisory Services LLC’s investment portfolio, making the stock its 13th biggest holding. HBW Advisory Services LLC’s holdings in VanEck Semiconductor ETF were worth $14,794,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Allied Private Wealth LLC purchased a new stake in VanEck Semiconductor ETF during the second quarter worth approximately $26,000. MassMutual Private Wealth & Trust FSB acquired a new position in VanEck Semiconductor ETF in the second quarter valued at approximately $30,000. Timbuktu Capital Management LLC acquired a new position in VanEck Semiconductor ETF in the second quarter valued at approximately $33,000. Trust Co. of Vermont purchased a new position in VanEck Semiconductor ETF in the second quarter valued at approximately $46,000. Finally, American National Bank & Trust increased its stake in VanEck Semiconductor ETF by 151.6% in the third quarter. American National Bank & Trust now owns 78 shares of the company’s stock valued at $48,000 after purchasing an additional 47 shares during the last quarter.

VanEck Semiconductor ETF Trading Down 4.0%

SMH stock opened at $564.74 on Thursday. VanEck Semiconductor ETF has a twelve month low of $315.05 and a twelve month high of $671.83. The company’s 50 day moving average is $579.83 and its two-hundred day moving average is $559.54. The stock has a market cap of $68.05 billion, a P/E ratio of 34.83 and a beta of 1.73.

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.