Strategic Blueprint LLC Cuts Holdings in VanEck Semiconductor ETF $SMH

Strategic Blueprint LLC trimmed its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 37.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,064 shares of the company’s stock after selling 1,837 shares during the quarter. Strategic Blueprint LLC’s holdings in VanEck Semiconductor ETF were worth $855,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. M&T Bank Corp grew its holdings in VanEck Semiconductor ETF by 7.2% in the first quarter. M&T Bank Corp now owns 1,601 shares of the company’s stock worth $339,000 after purchasing an additional 107 shares during the last quarter. Fifth Third Bancorp grew its holdings in VanEck Semiconductor ETF by 188.5% in the second quarter. Fifth Third Bancorp now owns 300 shares of the company’s stock worth $84,000 after purchasing an additional 196 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in VanEck Semiconductor ETF by 19.9% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 30,737 shares of the company’s stock worth $8,718,000 after purchasing an additional 5,092 shares during the last quarter. Allspring Global Investments Holdings LLC grew its holdings in VanEck Semiconductor ETF by 13.0% in the second quarter. Allspring Global Investments Holdings LLC now owns 3,469 shares of the company’s stock worth $967,000 after purchasing an additional 400 shares during the last quarter. Finally, US Bancorp DE grew its holdings in VanEck Semiconductor ETF by 6.4% in the second quarter. US Bancorp DE now owns 5,049 shares of the company’s stock worth $1,408,000 after purchasing an additional 302 shares during the last quarter.

VanEck Semiconductor ETF Trading Up 1.8%

NASDAQ SMH opened at $351.14 on Friday. The firm’s fifty day simple moving average is $316.56 and its two-hundred day simple moving average is $275.49. VanEck Semiconductor ETF has a 12-month low of $170.11 and a 12-month high of $352.94. The firm has a market capitalization of $34.48 billion, a P/E ratio of 34.83 and a beta of 1.35.

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.