Kickstand Ventures LLC. Sells 6,905 Shares of VanEck Semiconductor ETF $SMH

Kickstand Ventures LLC. trimmed its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 30.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 15,767 shares of the company’s stock after selling 6,905 shares during the period. VanEck Semiconductor ETF comprises about 1.9% of Kickstand Ventures LLC.’s investment portfolio, making the stock its 16th largest holding. Kickstand Ventures LLC.’s holdings in VanEck Semiconductor ETF were worth $10,341,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Berger Financial Group Inc grew its position in shares of 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 purchasing an additional 21 shares during the period. Goodman Advisory Group LLC raised 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 worth $122,000 after buying an additional 23 shares during the period. Howe & Rusling Inc. raised 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 worth $235,000 after buying an additional 25 shares during the period. Brooklyn Investment Group lifted its stake in VanEck Semiconductor ETF by 2.2% in the fourth quarter. Brooklyn Investment Group now owns 1,192 shares of the company’s stock valued at $434,000 after buying an additional 26 shares in the last quarter. Finally, Total Clarity Wealth Management Inc. lifted its stake in VanEck Semiconductor ETF by 1.1% in the first quarter. Total Clarity Wealth Management Inc. now owns 2,567 shares of the company’s stock valued at $984,000 after buying an additional 27 shares in the last quarter.

VanEck Semiconductor ETF Stock Up 0.4%

VanEck Semiconductor ETF stock opened at $552.60 on Friday. The stock has a market capitalization of $69.43 billion, a PE ratio of 34.83 and a beta of 1.73. VanEck Semiconductor ETF has a twelve month low of $284.30 and a twelve month high of $671.83. The company has a 50 day moving average of $574.48 and a 200-day moving average of $520.84.

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.