Greenwich Wealth Management LLC Has $1.07 Million Holdings in VanEck Semiconductor ETF $SMH

Greenwich Wealth Management LLC lessened its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 5.2% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,850 shares of the company’s stock after selling 210 shares during the period. Greenwich Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $1,074,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in SMH. Grove Bank & Trust acquired a new stake in VanEck Semiconductor ETF during the 2nd quarter worth approximately $25,000. Trust Co. of Toledo NA OH bought a new position in VanEck Semiconductor ETF during the 2nd quarter worth $25,000. Banque Transatlantique SA acquired a new stake in shares of VanEck Semiconductor ETF during the first quarter worth $27,000. UMB Bank n.a. bought a new stake in shares of VanEck Semiconductor ETF in the second quarter valued at about $28,000. Finally, Hilltop National Bank acquired a new position in shares of VanEck Semiconductor ETF in the second quarter valued at about $28,000.

VanEck Semiconductor ETF Stock Performance

NASDAQ:SMH opened at $352.20 on Friday. VanEck Semiconductor ETF has a 52 week low of $170.11 and a 52 week high of $372.78. The firm’s 50-day simple moving average is $342.65 and its 200 day simple moving average is $301.12. The firm has a market cap of $35.36 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52.

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.