Ranch Capital Advisors Inc. Sells 115 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Ranch Capital Advisors Inc. reduced its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 4.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,258 shares of the company’s stock after selling 115 shares during the quarter. Ranch Capital Advisors Inc.’s holdings in VanEck Semiconductor ETF were worth $589,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Chilton Capital Management LLC bought a new position in VanEck Semiconductor ETF during the second quarter worth $26,000. Innealta Capital LLC acquired a new stake in shares of VanEck Semiconductor ETF during the 2nd quarter worth about $28,000. TD Capital Management LLC bought a new stake in shares of VanEck Semiconductor ETF during the 2nd quarter worth about $29,000. Silicon Valley Capital Partners acquired a new position in VanEck Semiconductor ETF in the 1st quarter valued at about $25,000. Finally, Olistico Wealth LLC acquired a new position in VanEck Semiconductor ETF in the 2nd quarter valued at about $31,000.

VanEck Semiconductor ETF Stock Up 4.3 %

Shares of SMH stock opened at $241.09 on Friday. VanEck Semiconductor ETF has a 12-month low of $136.10 and a 12-month high of $283.07. The firm has a 50 day moving average price of $238.57 and a two-hundred day moving average price of $237.05. The company has a market capitalization of $21.68 billion, a PE ratio of 18.82 and a beta of 1.35.

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.