VanEck Semiconductor ETF $SMH Shares Sold by Woodmont Investment Counsel LLC

Woodmont Investment Counsel LLC trimmed its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 7.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 28,271 shares of the company’s stock after selling 2,266 shares during the period. Woodmont Investment Counsel LLC’s holdings in VanEck Semiconductor ETF were worth $7,884,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Grimes & Company Inc. acquired a new stake in VanEck Semiconductor ETF in the 2nd quarter worth about $401,000. JSF Financial LLC purchased a new position in shares of VanEck Semiconductor ETF in the 2nd quarter worth about $242,000. Kickstand Ventures LLC. raised its holdings in shares of VanEck Semiconductor ETF by 72.5% in the 2nd quarter. Kickstand Ventures LLC. now owns 26,217 shares of the company’s stock worth $7,311,000 after purchasing an additional 11,021 shares during the period. Wealthcare Advisory Partners LLC raised its holdings in shares of VanEck Semiconductor ETF by 535.2% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 27,436 shares of the company’s stock worth $7,651,000 after purchasing an additional 23,117 shares during the period. Finally, Elevate Capital Advisors LLC purchased a new position in shares of VanEck Semiconductor ETF in the 2nd quarter worth about $693,000.

VanEck Semiconductor ETF Price Performance

VanEck Semiconductor ETF stock opened at $336.68 on Monday. The stock’s 50-day moving average is $301.94 and its 200-day moving average is $262.50. The company has a market cap of $32.96 billion, a price-to-earnings ratio of 34.83 and a beta of 1.35. VanEck Semiconductor ETF has a 12 month low of $170.11 and a 12 month high of $340.78.

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.