VanEck Semiconductor ETF $SMH Holdings Lowered by Fifth Third Securities Inc.

Fifth Third Securities Inc. reduced its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 45.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,635 shares of the company’s stock after selling 27,974 shares during the period. VanEck Semiconductor ETF makes up 1.0% of Fifth Third Securities Inc.’s holdings, making the stock its 20th biggest position. Fifth Third Securities Inc.’s holdings in VanEck Semiconductor ETF were worth $20,484,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SMH. LifeWealth Investments LLC increased its stake in VanEck Semiconductor ETF by 6.0% during the third quarter. LifeWealth Investments LLC now owns 8,908 shares of the company’s stock worth $5,425,000 after acquiring an additional 501 shares during the last quarter. Petredis Investment Advisors LLC increased its position in shares of VanEck Semiconductor ETF by 2.6% during the third quarter. Petredis Investment Advisors LLC now owns 48,679 shares of the company’s stock worth $29,645,000 after acquiring an additional 1,251 shares during the period. AMI Asset Management Corp purchased a new stake in shares of VanEck Semiconductor ETF in the 3rd quarter valued at approximately $289,000. Revisor Wealth Management LLC increased its stake in VanEck Semiconductor ETF by 18.7% in the third quarter. Revisor Wealth Management LLC now owns 412 shares of the company’s stock valued at $231,000 after purchasing an additional 65 shares during the last quarter. Finally, DUTCH ASSET Corp increased its position in shares of VanEck Semiconductor ETF by 25.0% during the third quarter. DUTCH ASSET Corp now owns 676 shares of the company’s stock worth $412,000 after purchasing an additional 135 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

NASDAQ:SMH traded up $10.65 during mid-day trading on Wednesday, reaching $557.01. The stock had a trading volume of 4,362,829 shares, compared to its average volume of 9,291,670. The business has a 50 day simple moving average of $577.77 and a 200 day simple moving average of $564.34. The firm has a market capitalization of $67.78 billion, a price-to-earnings ratio of 34.83 and a beta of 1.73. VanEck Semiconductor ETF has a twelve month low of $315.05 and a twelve month high of $671.83.

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.