35,138 VanEck Semiconductor ETF $SMH Shares Sold by RDA Financial Network

RDA Financial Network lessened its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 95.0% in the third quarter, Holdings Channel.com reports. The institutional investor owned 1,837 shares of the company’s stock after selling 35,138 shares during the period. RDA Financial Network’s holdings in VanEck Semiconductor ETF were worth $1,119,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Kaydan Wealth Management Inc. boosted its stake in VanEck Semiconductor ETF by 3.6% in the 3rd quarter. Kaydan Wealth Management Inc. now owns 520 shares of the company’s stock worth $317,000 after purchasing an additional 18 shares during the period. Berger Financial Group Inc boosted its stake in VanEck Semiconductor ETF by 1.3% during the first quarter. Berger Financial Group Inc now owns 1,659 shares of the company’s stock valued at $636,000 after buying an additional 21 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC grew its holdings in VanEck Semiconductor ETF by 0.6% during 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 buying an additional 21 shares in the last quarter. Goodman Advisory Group LLC grew its holdings in VanEck Semiconductor ETF by 7.8% during the 1st quarter. Goodman Advisory Group LLC now owns 318 shares of the company’s stock valued at $122,000 after buying an additional 23 shares in the last quarter. Finally, Howe & Rusling Inc. grew its holdings in VanEck Semiconductor ETF by 4.3% during the 1st quarter. Howe & Rusling Inc. now owns 612 shares of the company’s stock valued at $235,000 after buying an additional 25 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of SMH traded down $8.82 during mid-day trading on Thursday, hitting $555.92. 9,354,769 shares of the stock were exchanged, compared to its average volume of 9,256,715. The company has a market cap of $66.98 billion, a PE ratio of 34.83 and a beta of 1.73. VanEck Semiconductor ETF has a 52-week low of $315.05 and a 52-week high of $671.83. The firm has a 50-day moving average of $579.83 and a two-hundred day moving average of $559.54.

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.