VanEck Semiconductor ETF $SMH Shares Sold by Kraft Davis & Associates LLC

Kraft Davis & Associates LLC lessened its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 18.3% in the second quarter, HoldingsChannel.com reports. The fund owned 60,208 shares of the company’s stock after selling 13,459 shares during the period. VanEck Semiconductor ETF comprises approximately 8.1% of Kraft Davis & Associates LLC’s portfolio, making the stock its biggest holding. Kraft Davis & Associates LLC’s holdings in VanEck Semiconductor ETF were worth $39,490,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in SMH. Berger Financial Group Inc increased its stake in VanEck Semiconductor ETF by 1.3% in the first 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 last quarter. Goodman Advisory Group LLC lifted its stake in VanEck Semiconductor ETF by 7.8% during the first quarter. Goodman Advisory Group LLC now owns 318 shares of the company’s stock worth $122,000 after purchasing an additional 23 shares during the last quarter. Howe & Rusling Inc. lifted its stake in VanEck Semiconductor ETF by 4.3% during the first quarter. Howe & Rusling Inc. now owns 612 shares of the company’s stock worth $235,000 after purchasing an additional 25 shares during the last quarter. Brooklyn Investment Group lifted its stake in VanEck Semiconductor ETF by 2.2% during the fourth quarter. Brooklyn Investment Group now owns 1,192 shares of the company’s stock worth $434,000 after purchasing an additional 26 shares during the last quarter. Finally, Total Clarity Wealth Management Inc. boosted its holdings in shares of VanEck Semiconductor ETF by 1.1% in the 1st quarter. Total Clarity Wealth Management Inc. now owns 2,567 shares of the company’s stock valued at $984,000 after purchasing an additional 27 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of SMH opened at $569.41 on Tuesday. VanEck Semiconductor ETF has a 52-week low of $281.15 and a 52-week high of $671.83. The business’s fifty day moving average is $594.72 and its 200-day moving average is $500.32. The firm has a market cap of $71.54 billion, a price-to-earnings ratio of 34.83 and a beta of 1.73.

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.