VanEck Semiconductor ETF $SMH Shares Sold by CoreCap Advisors LLC

CoreCap Advisors LLC decreased its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 6.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 24,392 shares of the company’s stock after selling 1,781 shares during the period. CoreCap Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $14,855,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Kaydan Wealth Management Inc. boosted its stake in shares of 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 buying an additional 18 shares during the last quarter. Berger Financial Group Inc grew its position in shares of VanEck Semiconductor ETF by 1.3% during the 1st 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 period. Pinnacle Wealth Management Advisory Group LLC lifted its stake in VanEck Semiconductor ETF by 0.6% in 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 during the last quarter. Goodman Advisory Group LLC grew 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 during the period. Finally, Howe & Rusling Inc. raised its stake 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 buying an additional 25 shares during the period.

VanEck Semiconductor ETF Trading Down 2.8%

Shares of SMH stock traded down $17.76 on Thursday, hitting $607.27. 11,143,564 shares of the stock were exchanged, compared to its average volume of 9,283,761. VanEck Semiconductor ETF has a one year low of $315.05 and a one year high of $671.83. The firm’s 50 day moving average is $577.52 and its two-hundred day moving average is $554.04. The firm has a market capitalization of $74.45 billion, a PE 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.