Quattro Financial Advisors LLC Sells 2,363 Shares of VanEck Semiconductor ETF $SMH

Quattro Financial Advisors LLC trimmed its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 40.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,427 shares of the company’s stock after selling 2,363 shares during the period. Quattro Financial Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $2,087,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of SMH. Milestone Asset Management LLC boosted its position in shares of VanEck Semiconductor ETF by 15.2% during the third quarter. Milestone Asset Management LLC now owns 3,660 shares of the company’s stock valued at $2,229,000 after purchasing an additional 482 shares in the last quarter. Guyasuta Investment Advisors Inc. purchased a new stake in VanEck Semiconductor ETF during the 3rd quarter valued at about $853,000. Two West Capital Advisors LLC raised its holdings in VanEck Semiconductor ETF by 5.1% in the third quarter. Two West Capital Advisors LLC now owns 1,053 shares of the company’s stock worth $639,000 after buying an additional 51 shares during the last quarter. Mystic Asset Management Inc. raised its holdings in VanEck Semiconductor ETF by 7.2% in the 3rd quarter. Mystic Asset Management Inc. now owns 2,690 shares of the company’s stock worth $1,638,000 after acquiring an additional 180 shares during the last quarter. Finally, SBE LLC DBA Cedar Cove Wealth Partners lifted its holdings in shares of VanEck Semiconductor ETF by 48.5% during the third quarter. SBE LLC DBA Cedar Cove Wealth Partners now owns 18,618 shares of the company’s stock valued at $11,338,000 after purchasing an additional 6,082 shares in the last quarter.

VanEck Semiconductor ETF Stock Down 1.0%

Shares of NASDAQ SMH opened at $558.84 on Friday. The company has a market cap of $67.33 billion, a PE ratio of 34.83 and a beta of 1.73. The firm’s 50-day moving average price is $579.57 and its 200-day moving average price is $560.84. VanEck Semiconductor ETF has a 52-week low of $315.05 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.