HBW Advisory Services LLC Sells 938 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

HBW Advisory Services LLC cut its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 10.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,014 shares of the company’s stock after selling 938 shares during the quarter. HBW Advisory Services LLC’s holdings in VanEck Semiconductor ETF were worth $1,967,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Piscataqua Savings Bank boosted its position in shares of VanEck Semiconductor ETF by 1.0% during the second quarter. Piscataqua Savings Bank now owns 4,050 shares of the company’s stock valued at $1,056,000 after buying an additional 41 shares during the last quarter. Macroview Investment Management LLC boosted its holdings in VanEck Semiconductor ETF by 21.5% in the second quarter. Macroview Investment Management LLC now owns 271 shares of the company’s stock worth $71,000 after purchasing an additional 48 shares during the last quarter. Choreo LLC grew its position in VanEck Semiconductor ETF by 1.1% in the 1st quarter. Choreo LLC now owns 4,891 shares of the company’s stock worth $1,100,000 after purchasing an additional 54 shares during the period. Cascade Investment Group Inc. grew its position in VanEck Semiconductor ETF by 4.4% in the 2nd quarter. Cascade Investment Group Inc. now owns 1,324 shares of the company’s stock worth $345,000 after purchasing an additional 56 shares during the period. Finally, Focus Financial Network Inc. lifted its holdings in VanEck Semiconductor ETF by 3.1% in the second quarter. Focus Financial Network Inc. now owns 1,881 shares of the company’s stock valued at $478,000 after acquiring an additional 57 shares during the period.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ:SMH traded up $1.63 during trading on Friday, hitting $246.18. The company’s stock had a trading volume of 4,150,535 shares, compared to its average volume of 8,377,911. The company has a 50-day moving average of $235.91 and a 200-day moving average of $238.42. The firm has a market cap of $24.20 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 12 month low of $136.10 and a 12 month high of $283.07.

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.