Round Rock Advisors LLC Lowers Position in VanEck Semiconductor ETF $SMH

Round Rock Advisors LLC lowered its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 3.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 84,209 shares of the company’s stock after selling 2,583 shares during the quarter. VanEck Semiconductor ETF accounts for 7.1% of Round Rock Advisors LLC’s portfolio, making the stock its 2nd largest position. Round Rock Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $55,232,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Peak Planning Group LLC bought a new position in VanEck Semiconductor ETF in the fourth quarter valued at about $3,007,000. WealthBridge Capital Management LLC purchased a new stake in shares of VanEck Semiconductor ETF during the 1st quarter valued at about $1,393,000. Kane Investment Management Inc. lifted its stake in shares of VanEck Semiconductor ETF by 66.7% in the 4th quarter. Kane Investment Management Inc. now owns 2,689 shares of the company’s stock worth $968,000 after purchasing an additional 1,076 shares during the period. Osbon Capital Management LLC bought a new position in shares of VanEck Semiconductor ETF in the 4th quarter worth approximately $1,962,000. Finally, Petredis Investment Advisors LLC boosted its holdings in shares of VanEck Semiconductor ETF by 2.6% in the first quarter. Petredis Investment Advisors LLC now owns 46,188 shares of the company’s stock worth $17,708,000 after buying an additional 1,161 shares during the last quarter.

VanEck Semiconductor ETF Trading Up 1.0%

Shares of NASDAQ SMH opened at $550.48 on Thursday. The firm has a 50 day moving average of $576.17 and a 200 day moving average of $519.82. The firm has a market capitalization of $69.16 billion, a price-to-earnings ratio of 34.83 and a beta of 1.73. VanEck Semiconductor ETF has a 12-month low of $283.78 and a 12-month high of $671.83.

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.