Stonebridge Financial Planning Group LLC Cuts Stock Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Stonebridge Financial Planning Group LLC lessened its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 5.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,635 shares of the company’s stock after selling 100 shares during the quarter. Stonebridge Financial Planning Group LLC’s holdings in VanEck Semiconductor ETF were worth $401,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Mather Group LLC. boosted its holdings in VanEck Semiconductor ETF by 757.1% in the second quarter. Mather Group LLC. now owns 300 shares of the company’s stock worth $78,000 after acquiring an additional 265 shares in the last quarter. QRG Capital Management Inc. acquired a new stake in VanEck Semiconductor ETF in the 2nd quarter worth approximately $325,000. Orion Portfolio Solutions LLC grew its position in VanEck Semiconductor ETF by 206.9% during the 1st quarter. Orion Portfolio Solutions LLC now owns 3,851 shares of the company’s stock worth $866,000 after purchasing an additional 2,596 shares during the last quarter. O Shaughnessy Asset Management LLC grew its position in VanEck Semiconductor ETF by 18.2% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 2,781 shares of the company’s stock worth $626,000 after purchasing an additional 429 shares during the last quarter. Finally, Comerica Bank increased its stake in VanEck Semiconductor ETF by 20.5% during the 1st quarter. Comerica Bank now owns 8,452 shares of the company’s stock valued at $1,901,000 after purchasing an additional 1,440 shares in the last quarter.

VanEck Semiconductor ETF Trading Down 1.1 %

Shares of NASDAQ:SMH traded down $2.61 on Wednesday, hitting $241.57. 527,210 shares of the company were exchanged, compared to its average volume of 7,958,942. The firm has a market capitalization of $23.94 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 1-year low of $156.56 and a 1-year high of $283.07. The stock’s 50 day moving average price is $247.03 and its 200 day moving average price is $246.13.

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.