414,214 VanEck Semiconductor ETF $SMH Shares Sold by Money Concepts Capital Corp

Money Concepts Capital Corp cut its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 95.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 17,575 shares of the company’s stock after selling 414,214 shares during the quarter. Money Concepts Capital Corp’s holdings in VanEck Semiconductor ETF were worth $10,703,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Allied Private Wealth LLC purchased a new position in shares of VanEck Semiconductor ETF during the 2nd quarter valued at approximately $26,000. MassMutual Private Wealth & Trust FSB purchased a new stake in VanEck Semiconductor ETF during the second quarter worth $30,000. Kings Path Partners LLC purchased a new stake in VanEck Semiconductor ETF during the third quarter worth $30,000. Timbuktu Capital Management LLC purchased a new stake in VanEck Semiconductor ETF during the second quarter worth $33,000. Finally, Resources Management Corp CT ADV acquired a new stake in VanEck Semiconductor ETF during the first quarter valued at $38,000.

VanEck Semiconductor ETF Stock Performance

SMH stock opened at $501.73 on Friday. The firm has a market cap of $64.49 billion, a PE ratio of 24.39 and a beta of 1.78. The firm’s fifty day moving average is $561.09 and its 200 day moving average is $522.44. VanEck Semiconductor ETF has a one year low of $315.05 and a one year 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.