Blue Trust Inc. Trims Stake in VanEck Semiconductor ETF (NASDAQ:SMH)

Blue Trust Inc. trimmed its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 67.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 230 shares of the company’s stock after selling 468 shares during the quarter. Blue Trust Inc.’s holdings in VanEck Semiconductor ETF were worth $60,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Mendota Financial Group LLC bought a new position in VanEck Semiconductor ETF in the third quarter worth approximately $25,000. Chilton Capital Management LLC bought a new position in shares of VanEck Semiconductor ETF in the 2nd quarter worth $26,000. Innealta Capital LLC purchased a new stake in shares of VanEck Semiconductor ETF during the 2nd quarter worth $28,000. TD Capital Management LLC bought a new stake in VanEck Semiconductor ETF during the second quarter valued at about $29,000. Finally, Pineridge Advisors LLC grew its stake in VanEck Semiconductor ETF by 294.1% in the first quarter. Pineridge Advisors LLC now owns 134 shares of the company’s stock valued at $30,000 after purchasing an additional 100 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

SMH stock opened at $241.68 on Friday. VanEck Semiconductor ETF has a one year low of $136.10 and a one year high of $283.07. The firm has a market cap of $23.89 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. The firm has a 50-day simple moving average of $242.90 and a two-hundred day simple moving average of $242.27.

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.