VanEck Semiconductor ETF $SMH Stock: NFSG Corp Trims Position

NFSG Corp lessened its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 3.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 48,495 shares of the company’s stock after selling 1,609 shares during the period. VanEck Semiconductor ETF makes up 3.1% of NFSG Corp’s investment portfolio, making the stock its 5th largest position. NFSG Corp’s holdings in VanEck Semiconductor ETF were worth $29,533,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Kaydan Wealth Management Inc. lifted its position in VanEck Semiconductor ETF by 3.6% in the third quarter. Kaydan Wealth Management Inc. now owns 520 shares of the company’s stock valued at $317,000 after buying an additional 18 shares during the last quarter. Berger Financial Group Inc boosted its stake in VanEck Semiconductor ETF by 1.3% during the first quarter. Berger Financial Group Inc now owns 1,659 shares of the company’s stock worth $636,000 after buying an additional 21 shares during the period. Pinnacle Wealth Management Advisory Group LLC boosted its stake in VanEck Semiconductor ETF by 0.6% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,472 shares of the company’s stock worth $2,277,000 after buying an additional 21 shares during the period. Goodman Advisory Group LLC increased its position in shares of VanEck Semiconductor ETF by 7.8% during the first quarter. Goodman Advisory Group LLC now owns 318 shares of the company’s stock valued at $122,000 after acquiring an additional 23 shares during the last quarter. Finally, Howe & Rusling Inc. increased its position in shares of VanEck Semiconductor ETF by 4.3% during the first quarter. Howe & Rusling Inc. now owns 612 shares of the company’s stock valued at $235,000 after acquiring an additional 25 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

VanEck Semiconductor ETF stock opened at $558.84 on Friday. The company’s 50 day simple moving average is $579.57 and its 200-day simple moving average is $560.84. VanEck Semiconductor ETF has a 1 year low of $315.05 and a 1 year high of $671.83. The company has a market capitalization of $67.33 billion, a price-to-earnings ratio of 34.83 and a beta of 1.73.

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.