Ascent Wealth Partners LLC Sells 108 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Ascent Wealth Partners LLC decreased its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 7.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,363 shares of the company’s stock after selling 108 shares during the quarter. Ascent Wealth Partners LLC’s holdings in VanEck Semiconductor ETF were worth $355,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in SMH. Mather Group LLC. boosted its holdings in VanEck Semiconductor ETF by 757.1% in the 2nd quarter. Mather Group LLC. now owns 300 shares of the company’s stock worth $78,000 after buying an additional 265 shares during the period. Advance Capital Management Inc. purchased a new position in shares of VanEck Semiconductor ETF in the first quarter valued at about $216,000. Key Client Fiduciary Advisors LLC bought a new position in shares of VanEck Semiconductor ETF in the first quarter worth about $202,000. Mirador Capital Partners LP purchased a new stake in shares of VanEck Semiconductor ETF during the first quarter worth about $998,000. Finally, QRG Capital Management Inc. bought a new stake in VanEck Semiconductor ETF during the 2nd quarter valued at approximately $325,000.

VanEck Semiconductor ETF Stock Up 2.3 %

SMH stock traded up $5.55 during midday trading on Friday, hitting $243.46. The company’s stock had a trading volume of 8,623,765 shares, compared to its average volume of 8,495,458. VanEck Semiconductor ETF has a 12 month low of $136.10 and a 12 month high of $283.07. The company has a 50 day moving average of $248.86 and a two-hundred day moving average of $234.72. The firm has a market capitalization of $21.90 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35.

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.