Kaizen Financial Strategies Sells 328 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Kaizen Financial Strategies reduced its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 2.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,347 shares of the company’s stock after selling 328 shares during the quarter. VanEck Semiconductor ETF accounts for approximately 1.6% of Kaizen Financial Strategies’ investment portfolio, making the stock its 17th largest holding. Kaizen Financial Strategies’ holdings in VanEck Semiconductor ETF were worth $2,748,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Hartford Financial Management Inc. boosted its holdings in shares of VanEck Semiconductor ETF by 61.9% in the 4th quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after buying an additional 39 shares in the last quarter. Mather Group LLC. increased its position in shares of VanEck Semiconductor ETF by 320.0% during the fourth quarter. Mather Group LLC. now owns 105 shares of the company’s stock worth $25,000 after purchasing an additional 80 shares in the last quarter. Ethos Financial Group LLC acquired a new position in shares of VanEck Semiconductor ETF during the fourth quarter worth $28,000. Hemington Wealth Management lifted its holdings in shares of VanEck Semiconductor ETF by 50.6% during the 4th quarter. Hemington Wealth Management now owns 131 shares of the company’s stock valued at $31,000 after purchasing an additional 44 shares during the last quarter. Finally, Fifth Third Bancorp boosted its position in shares of VanEck Semiconductor ETF by 80.2% in the 4th quarter. Fifth Third Bancorp now owns 155 shares of the company’s stock worth $38,000 after purchasing an additional 69 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ:SMH opened at $223.40 on Friday. The business’s 50-day moving average is $210.80 and its 200 day moving average is $234.83. VanEck Semiconductor ETF has a 1 year low of $170.11 and a 1 year high of $283.07. The firm has a market capitalization of $20.24 billion, a P/E ratio of 32.48 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.