VanEck Semiconductor ETF $SMH Shares Sold by Biltmore Family Office LLC

Biltmore Family Office LLC trimmed its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 5.0% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,850 shares of the company’s stock after selling 150 shares during the quarter. Biltmore Family Office LLC’s holdings in VanEck Semiconductor ETF were worth $795,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in SMH. Grove Bank & Trust acquired a new position in shares of VanEck Semiconductor ETF in the second quarter worth $25,000. Trust Co. of Toledo NA OH acquired a new position in shares of VanEck Semiconductor ETF in the second quarter worth $25,000. Banque Transatlantique SA acquired a new position in shares of VanEck Semiconductor ETF in the first quarter worth $27,000. UMB Bank n.a. acquired a new position in shares of VanEck Semiconductor ETF in the second quarter worth $28,000. Finally, Hilltop National Bank acquired a new position in shares of VanEck Semiconductor ETF in the second quarter worth $28,000.

VanEck Semiconductor ETF Stock Up 0.9%

NASDAQ SMH opened at $363.11 on Wednesday. The stock has a market cap of $36.05 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a fifty-two week low of $170.11 and a fifty-two week high of $364.67. The business has a fifty day moving average of $319.27 and a 200-day moving average of $278.82.

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.