Edge Capital Group LLC Has $4.82 Million Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Edge Capital Group LLC trimmed its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 5.5% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,485 shares of the company’s stock after selling 1,078 shares during the period. Edge Capital Group LLC’s holdings in VanEck Semiconductor ETF were worth $4,819,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Silicon Valley Capital Partners acquired a new stake in VanEck Semiconductor ETF during the 1st quarter worth about $25,000. Chilton Capital Management LLC bought a new stake in shares of VanEck Semiconductor ETF during the 2nd quarter valued at about $26,000. Innealta Capital LLC acquired a new stake in VanEck Semiconductor ETF during the second quarter worth approximately $28,000. TD Capital Management LLC bought a new stake in VanEck Semiconductor ETF in the second quarter worth approximately $29,000. Finally, Creekmur Asset Management LLC acquired a new position in VanEck Semiconductor ETF in the fourth quarter valued at approximately $30,000.

VanEck Semiconductor ETF Stock Down 1.3 %

Shares of SMH stock opened at $237.90 on Friday. The firm has a 50 day moving average of $237.84 and a 200-day moving average of $237.27. The company has a market cap of $21.40 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 52 week low of $136.10 and a 52 week high of $283.07.

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.