Kickstand Ventures LLC. cut its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 30.5% in the second quarter, Holdings Channel reports. The institutional investor owned 15,767 shares of the company’s stock after selling 6,905 shares during the period. VanEck Semiconductor ETF comprises 1.9% of Kickstand Ventures LLC.’s portfolio, making the stock its 16th biggest holding. Kickstand Ventures LLC.’s holdings in VanEck Semiconductor ETF were worth $10,341,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also bought and sold shares of SMH. Allied Private Wealth LLC bought a new stake in VanEck Semiconductor ETF in the 2nd quarter valued at approximately $26,000. MassMutual Private Wealth & Trust FSB bought a new position in shares of VanEck Semiconductor ETF during the 2nd quarter worth approximately $30,000. Investment Counsel Co. of Nevada bought a new position in shares of VanEck Semiconductor ETF during the 4th quarter worth approximately $35,000. Core Wealth Advisors LLC acquired a new stake in shares of VanEck Semiconductor ETF in the fourth quarter valued at approximately $36,000. Finally, Resources Management Corp CT ADV acquired a new stake in shares of VanEck Semiconductor ETF in the first quarter valued at approximately $38,000.
VanEck Semiconductor ETF Stock Up 0.4%
Shares of SMH stock opened at $552.60 on Friday. The company’s fifty day simple moving average is $574.48 and its 200-day simple moving average is $520.84. The firm has a market cap of $69.43 billion, a PE ratio of 34.83 and a beta of 1.73. VanEck Semiconductor ETF has a 12 month low of $284.30 and a 12 month 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.
Read More
- Five stocks we like better than VanEck Semiconductor ETF
- The Path to $230 Billion: Broadcom Outlines the Next Phase of Its AI Growth Story
- NVIDIA’s Hugging Face Deal Raises a Bigger Question About Its AI Moat Now
- Dropping the Dough: Yum! Brands Strategically Trims the Fat
- These 3 Stock Charts Just Flashed the Dreaded Death Cross Pattern
Want to see what other hedge funds are holding SMH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Semiconductor ETF (NASDAQ:SMH – Free Report).
Receive News & Ratings for VanEck Semiconductor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Semiconductor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
