4,184 VanEck Semiconductor ETF $SMH Shares Sold by WealthBridge Capital Management LLC

WealthBridge Capital Management LLC reduced its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 67.7% in the 3rd quarter, Holdings Channel reports. The firm owned 1,996 shares of the company’s stock after selling 4,184 shares during the period. WealthBridge Capital Management LLC’s holdings in VanEck Semiconductor ETF were worth $1,216,000 as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. Banque Pictet & Cie SA bought a new stake in VanEck Semiconductor ETF during the third quarter worth approximately $236,000. Surience Private Wealth LLC bought a new position in shares of VanEck Semiconductor ETF in the third quarter valued at approximately $5,790,000. BFI Infinity Ltd. bought a new position in shares of VanEck Semiconductor ETF in the third quarter valued at approximately $817,000. Cornerstone Enterprises LLC lifted its stake in shares of VanEck Semiconductor ETF by 102.1% in the third quarter. Cornerstone Enterprises LLC now owns 18,628 shares of the company’s stock worth $11,344,000 after buying an additional 9,409 shares during the last quarter. Finally, Milestone Asset Management LLC lifted its stake in shares of VanEck Semiconductor ETF by 15.2% in the third quarter. Milestone Asset Management LLC now owns 3,660 shares of the company’s stock worth $2,229,000 after buying an additional 482 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ SMH traded down $19.05 during trading hours on Friday, hitting $539.79. 18,358,879 shares of the stock were exchanged, compared to its average volume of 9,331,763. The company’s 50 day moving average is $578.72 and its 200 day moving average is $560.69. The firm has a market capitalization of $65.04 billion, a P/E ratio of 34.83 and a beta of 1.73. VanEck Semiconductor ETF has a one year low of $315.05 and a one year high of $671.83.

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.