Spire Wealth Management Sells 24,279 Shares of VanEck Semiconductor ETF $SMH

Spire Wealth Management lowered its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 62.0% in the second quarter, Holdings Channel.com reports. The institutional investor owned 14,872 shares of the company’s stock after selling 24,279 shares during the period. Spire Wealth Management’s holdings in VanEck Semiconductor ETF were worth $4,147,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Hall Capital Management Co. Inc. increased its position in shares of VanEck Semiconductor ETF by 0.3% in the 2nd quarter. Hall Capital Management Co. Inc. now owns 12,867 shares of the company’s stock valued at $3,588,000 after buying an additional 37 shares in the last quarter. FSA Advisors Inc. increased its position in shares of VanEck Semiconductor ETF by 3.9% in the 2nd quarter. FSA Advisors Inc. now owns 1,037 shares of the company’s stock valued at $289,000 after buying an additional 39 shares in the last quarter. Delos Wealth Advisors LLC increased its position in shares of VanEck Semiconductor ETF by 0.6% in the 1st quarter. Delos Wealth Advisors LLC now owns 7,402 shares of the company’s stock valued at $1,565,000 after buying an additional 43 shares in the last quarter. Hazlett Burt & Watson Inc. increased its position in shares of VanEck Semiconductor ETF by 61.1% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 116 shares of the company’s stock valued at $31,000 after buying an additional 44 shares in the last quarter. Finally, Sound View Wealth Advisors Group LLC increased its position in shares of VanEck Semiconductor ETF by 1.3% in the 1st quarter. Sound View Wealth Advisors Group LLC now owns 3,511 shares of the company’s stock valued at $742,000 after buying an additional 46 shares in the last quarter.

VanEck Semiconductor ETF Stock Down 1.3%

SMH opened at $363.73 on Friday. VanEck Semiconductor ETF has a 12 month low of $170.11 and a 12 month high of $372.78. The company has a fifty day simple moving average of $322.39 and a 200 day simple moving average of $280.58. The stock has a market cap of $36.11 billion, a P/E ratio of 34.83 and a beta of 1.52.

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.