Trademark Financial Management LLC Lowers Stock Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Trademark Financial Management LLC decreased its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 12.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,390 shares of the company’s stock after selling 342 shares during the quarter. Trademark Financial Management LLC’s holdings in VanEck Semiconductor ETF were worth $587,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Piscataqua Savings Bank lifted its stake in VanEck Semiconductor ETF by 1.0% in the second quarter. Piscataqua Savings Bank now owns 4,050 shares of the company’s stock worth $1,056,000 after acquiring an additional 41 shares during the last quarter. Nvwm LLC lifted its stake in VanEck Semiconductor ETF by 2.2% in the third quarter. Nvwm LLC now owns 1,867 shares of the company’s stock worth $458,000 after acquiring an additional 41 shares during the last quarter. Allworth Financial LP lifted its stake in VanEck Semiconductor ETF by 5.1% in the third quarter. Allworth Financial LP now owns 892 shares of the company’s stock worth $219,000 after acquiring an additional 43 shares during the last quarter. Clarity Capital Partners LLC lifted its stake in VanEck Semiconductor ETF by 2.8% in the third quarter. Clarity Capital Partners LLC now owns 1,590 shares of the company’s stock worth $390,000 after acquiring an additional 44 shares during the last quarter. Finally, Macroview Investment Management LLC lifted its stake in VanEck Semiconductor ETF by 21.5% in the second quarter. Macroview Investment Management LLC now owns 271 shares of the company’s stock worth $71,000 after acquiring an additional 48 shares during the last quarter.

VanEck Semiconductor ETF Stock Up 2.6 %

Shares of VanEck Semiconductor ETF stock opened at $254.81 on Thursday. VanEck Semiconductor ETF has a 52-week low of $149.31 and a 52-week high of $283.07. The company has a 50 day moving average of $243.20 and a 200 day moving average of $243.51. The company has a market capitalization of $25.25 billion, a P/E ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Company 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.