HBW Advisory Services LLC Has $1.97 Million Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

HBW Advisory Services LLC decreased its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 10.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,014 shares of the company’s stock after selling 938 shares during the quarter. HBW Advisory Services LLC’s holdings in VanEck Semiconductor ETF were worth $1,967,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in SMH. Silicon Valley Capital Partners acquired a new position in VanEck Semiconductor ETF in the 1st quarter worth about $25,000. Chilton Capital Management LLC bought a new position in VanEck Semiconductor ETF in the 2nd quarter valued at approximately $26,000. Innealta Capital LLC acquired a new stake in VanEck Semiconductor ETF during the 2nd quarter worth approximately $28,000. TD Capital Management LLC acquired a new stake in VanEck Semiconductor ETF during the 2nd quarter worth approximately $29,000. Finally, Creekmur Asset Management LLC acquired a new position in VanEck Semiconductor ETF in the 4th quarter valued at approximately $30,000.

VanEck Semiconductor ETF Stock Performance

Shares of SMH stock traded up $1.63 on Friday, hitting $246.18. The company had a trading volume of 4,150,535 shares, compared to its average volume of 8,377,911. The stock’s 50-day moving average is $235.91 and its two-hundred day moving average is $238.42. The firm has a market cap of $24.20 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a twelve month low of $136.10 and a twelve month high of $283.07.

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.