Howe & Rusling Inc. Has $204,000 Stake in VanEck Semiconductor ETF $SMH

Howe & Rusling Inc. trimmed its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 4.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 965 shares of the company’s stock after selling 46 shares during the period. Howe & Rusling Inc.’s holdings in VanEck Semiconductor ETF were worth $204,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Triumph Capital Management raised its holdings in shares of VanEck Semiconductor ETF by 23.8% during the fourth quarter. Triumph Capital Management now owns 4,282 shares of the company’s stock worth $1,037,000 after acquiring an additional 823 shares during the period. Dynamic Advisor Solutions LLC acquired a new stake in shares of VanEck Semiconductor ETF during the first quarter worth $913,000. M&T Bank Corp raised its holdings in shares of VanEck Semiconductor ETF by 7.2% during the first quarter. M&T Bank Corp now owns 1,601 shares of the company’s stock worth $339,000 after acquiring an additional 107 shares during the period. Northern Trust Corp raised its holdings in shares of VanEck Semiconductor ETF by 7.5% during the fourth quarter. Northern Trust Corp now owns 5,192 shares of the company’s stock worth $1,257,000 after acquiring an additional 360 shares during the period. Finally, Blue Trust Inc. raised its holdings in shares of VanEck Semiconductor ETF by 103.7% during the first quarter. Blue Trust Inc. now owns 275 shares of the company’s stock worth $58,000 after acquiring an additional 140 shares during the period.

VanEck Semiconductor ETF Stock Up 0.1%

Shares of NASDAQ:SMH opened at $304.32 on Friday. VanEck Semiconductor ETF has a 12 month low of $170.11 and a 12 month high of $305.59. The company’s fifty day simple moving average is $291.76 and its 200 day simple moving average is $252.08. The firm has a market cap of $28.10 billion, a price-to-earnings ratio of 34.83 and a beta of 1.35.

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.