VanEck Semiconductor ETF $SMH Shares Sold by Madrona Financial Services LLC

Madrona Financial Services LLC lessened its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 3.3% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 26,942 shares of the company’s stock after selling 925 shares during the period. VanEck Semiconductor ETF accounts for approximately 1.8% of Madrona Financial Services LLC’s investment portfolio, making the stock its 16th biggest holding. Madrona Financial Services LLC’s holdings in VanEck Semiconductor ETF were worth $7,514,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Midwest Financial Group LLC raised its holdings in VanEck Semiconductor ETF by 3.6% during the second quarter. Midwest Financial Group LLC now owns 2,915 shares of the company’s stock worth $813,000 after purchasing an additional 100 shares in the last quarter. Truist Financial Corp boosted its holdings in shares of VanEck Semiconductor ETF by 7.4% in the 2nd quarter. Truist Financial Corp now owns 46,605 shares of the company’s stock valued at $12,997,000 after buying an additional 3,227 shares in the last quarter. Bluesphere Advisors LLC grew its position in shares of VanEck Semiconductor ETF by 4.9% in the 2nd quarter. Bluesphere Advisors LLC now owns 7,559 shares of the company’s stock valued at $2,108,000 after buying an additional 354 shares during the last quarter. Capital Investment Advisors LLC raised its stake in VanEck Semiconductor ETF by 24.1% during the 2nd quarter. Capital Investment Advisors LLC now owns 1,442 shares of the company’s stock worth $402,000 after acquiring an additional 280 shares in the last quarter. Finally, Sterling Investment Advisors Ltd. lifted its position in VanEck Semiconductor ETF by 20.1% in the second quarter. Sterling Investment Advisors Ltd. now owns 4,560 shares of the company’s stock valued at $1,272,000 after acquiring an additional 763 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

NASDAQ SMH opened at $333.69 on Thursday. The company has a fifty day moving average of $299.95 and a two-hundred day moving average of $260.49. The company has a market capitalization of $30.81 billion, a PE ratio of 34.83 and a beta of 1.35. VanEck Semiconductor ETF has a 1 year low of $170.11 and a 1 year high of $334.11.

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.