VanEck Semiconductor ETF $SMH Holdings Decreased by MADDEN SECURITIES Corp

MADDEN SECURITIES Corp lowered its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 58.7% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 10,495 shares of the company’s stock after selling 14,892 shares during the quarter. VanEck Semiconductor ETF accounts for 1.7% of MADDEN SECURITIES Corp’s holdings, making the stock its 17th largest position. MADDEN SECURITIES Corp’s holdings in VanEck Semiconductor ETF were worth $6,391,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Kaydan Wealth Management Inc. boosted its position in VanEck Semiconductor ETF by 3.6% during the 3rd quarter. Kaydan Wealth Management Inc. now owns 520 shares of the company’s stock worth $317,000 after buying an additional 18 shares during the period. Berger Financial Group Inc increased its position in VanEck Semiconductor ETF by 1.3% in the 1st quarter. Berger Financial Group Inc now owns 1,659 shares of the company’s stock valued at $636,000 after acquiring an additional 21 shares during the period. Pinnacle Wealth Management Advisory Group LLC increased its position in VanEck Semiconductor ETF by 0.6% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,472 shares of the company’s stock valued at $2,277,000 after acquiring an additional 21 shares during the period. Lantern Wealth Advisors LLC increased its position in VanEck Semiconductor ETF by 2.1% in the 3rd quarter. Lantern Wealth Advisors LLC now owns 1,030 shares of the company’s stock valued at $627,000 after acquiring an additional 21 shares during the period. Finally, Howe & Rusling Inc. raised its stake in shares of VanEck Semiconductor ETF by 4.3% during the first quarter. Howe & Rusling Inc. now owns 612 shares of the company’s stock valued at $235,000 after acquiring an additional 25 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ:SMH opened at $557.98 on Wednesday. The firm has a market cap of $70.50 billion, a PE ratio of 34.83 and a beta of 1.73. The firm’s fifty day moving average is $573.45 and its 200-day moving average is $515.72. VanEck Semiconductor ETF has a 52 week low of $315.05 and a 52 week high of $671.83.

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.