Integrated Wealth Concepts LLC Sells 1,716 Shares of VanEck Semiconductor ETF $SMH

Integrated Wealth Concepts LLC trimmed its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 5.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 28,520 shares of the company’s stock after selling 1,716 shares during the period. Integrated Wealth Concepts LLC’s holdings in VanEck Semiconductor ETF were worth $18,706,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. RFG Advisory LLC raised its stake in VanEck Semiconductor ETF by 19.8% in the second quarter. RFG Advisory LLC now owns 3,010 shares of the company’s stock worth $1,974,000 after buying an additional 498 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of VanEck Semiconductor ETF by 3.1% during the 2nd quarter. NewEdge Advisors LLC now owns 69,964 shares of the company’s stock worth $45,889,000 after acquiring an additional 2,080 shares during the period. Baird Financial Group Inc. grew its holdings in shares of VanEck Semiconductor ETF by 29.0% during the 2nd quarter. Baird Financial Group Inc. now owns 61,203 shares of the company’s stock worth $40,142,000 after acquiring an additional 13,770 shares during the period. New England Professional Planning Group Inc. bought a new position in shares of VanEck Semiconductor ETF in the 2nd quarter worth approximately $317,000. Finally, Allworth Financial LP raised its position in shares of VanEck Semiconductor ETF by 6.4% in the 2nd quarter. Allworth Financial LP now owns 8,650 shares of the company’s stock worth $5,673,000 after acquiring an additional 521 shares in the last quarter.

VanEck Semiconductor ETF Stock Up 0.1%

SMH opened at $574.29 on Thursday. The stock has a market cap of $72.15 billion, a PE ratio of 34.83 and a beta of 1.73. The business has a 50 day moving average of $569.72 and a 200-day moving average of $525.38. VanEck Semiconductor ETF has a 52 week low of $298.77 and a 52 week high of $671.83.

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.