VanEck Semiconductor ETF $SMH Stock Position Lessened by Beaumont Financial Advisors LLC

Beaumont Financial Advisors LLC trimmed its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 92.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,568 shares of the company’s stock after selling 77,698 shares during the period. Beaumont Financial Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $4,000,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently modified their holdings of the company. Renaissance Technologies LLC bought a new position in VanEck Semiconductor ETF in the first quarter worth about $141,661,000. Clal Insurance Enterprises Holdings Ltd grew its position in VanEck Semiconductor ETF by 107.3% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 570,000 shares of the company’s stock worth $218,538,000 after acquiring an additional 295,000 shares in the last quarter. GoalVest Advisory LLC grew its stake in shares of VanEck Semiconductor ETF by 290,983.3% during the third quarter. GoalVest Advisory LLC now owns 174,650 shares of the company’s stock valued at $106,362,000 after buying an additional 174,590 shares during the last quarter. Meitav Investment House Ltd. raised its position in VanEck Semiconductor ETF by 17.3% during the 1st quarter. Meitav Investment House Ltd. now owns 905,426 shares of the company’s stock valued at $347,140,000 after purchasing an additional 133,601 shares in the last quarter. Finally, Copley Financial Group Inc. purchased a new position in shares of VanEck Semiconductor ETF in the 2nd quarter valued at $49,407,000.

VanEck Semiconductor ETF Trading Up 0.7%

Shares of NASDAQ:SMH opened at $527.20 on Friday. VanEck Semiconductor ETF has a 12-month low of $315.05 and a 12-month high of $671.83. The business has a 50 day moving average of $574.68 and a two-hundred day moving average of $566.15. The company has a market capitalization of $64.15 billion, a PE ratio of 34.83 and a beta of 1.73.

VanEck Semiconductor ETF 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.