VanEck Semiconductor ETF $SMH Stock: Boyce & Associates Wealth Consulting Inc. Lowers Position

Boyce & Associates Wealth Consulting Inc. reduced its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 97.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,362 shares of the company’s stock after selling 103,058 shares during the period. VanEck Semiconductor ETF comprises 0.9% of Boyce & Associates Wealth Consulting Inc.’s holdings, making the stock its 29th largest position. Boyce & Associates Wealth Consulting Inc.’s holdings in VanEck Semiconductor ETF were worth $1,438,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Kaydan Wealth Management Inc. increased its holdings 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 acquiring an additional 18 shares in the last quarter. Berger Financial Group Inc lifted its holdings 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 purchasing an additional 21 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC lifted its holdings in VanEck Semiconductor ETF by 0.6% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,472 shares of the company’s stock valued at $2,277,000 after purchasing an additional 21 shares in the last quarter. Goodman Advisory Group LLC lifted its holdings in VanEck Semiconductor ETF by 7.8% during the first quarter. Goodman Advisory Group LLC now owns 318 shares of the company’s stock valued at $122,000 after purchasing an additional 23 shares in the last quarter. Finally, Howe & Rusling Inc. grew its position in shares of VanEck Semiconductor ETF by 4.3% in the first quarter. Howe & Rusling Inc. now owns 612 shares of the company’s stock valued at $235,000 after purchasing an additional 25 shares during the period.

VanEck Semiconductor ETF Stock Down 0.5%

Shares of NASDAQ SMH opened at $588.12 on Wednesday. The company’s 50-day simple moving average is $579.93 and its 200-day simple moving average is $558.25. VanEck Semiconductor ETF has a 52-week low of $315.05 and a 52-week high of $671.83. The firm has a market cap of $72.39 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.