Zhang Financial LLC Sells 73 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Zhang Financial LLC lowered its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 6.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,014 shares of the company’s stock after selling 73 shares during the quarter. Zhang Financial LLC’s holdings in VanEck Semiconductor ETF were worth $249,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in SMH. NBC Securities Inc. raised its holdings in shares of VanEck Semiconductor ETF by 74.5% in the 3rd quarter. NBC Securities Inc. now owns 1,696 shares of the company’s stock valued at $416,000 after acquiring an additional 724 shares in the last quarter. Iams Wealth Management LLC purchased a new stake in shares of VanEck Semiconductor ETF in the 3rd quarter valued at about $829,000. Creative Planning raised its holdings in shares of VanEck Semiconductor ETF by 2.6% in the 3rd quarter. Creative Planning now owns 38,229 shares of the company’s stock valued at $9,383,000 after acquiring an additional 963 shares in the last quarter. VitalStone Financial LLC raised its holdings in shares of VanEck Semiconductor ETF by 1,143.6% in the 3rd quarter. VitalStone Financial LLC now owns 684 shares of the company’s stock valued at $168,000 after acquiring an additional 629 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of VanEck Semiconductor ETF by 42.2% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,091 shares of the company’s stock valued at $268,000 after acquiring an additional 324 shares in the last quarter.

VanEck Semiconductor ETF Stock Down 5.4 %

NASDAQ:SMH opened at $247.16 on Wednesday. The business’s 50-day moving average price is $239.67 and its two-hundred day moving average price is $240.27. VanEck Semiconductor ETF has a twelve month low of $136.10 and a twelve month high of $283.07. The stock has a market cap of $24.21 billion, a P/E 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.