Tradition Wealth Management LLC Cuts Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Tradition Wealth Management LLC lowered its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 10.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,645 shares of the company’s stock after selling 311 shares during the period. Tradition Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $641,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of SMH. Hartford Financial Management Inc. boosted its position in VanEck Semiconductor ETF by 61.9% during the fourth quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after purchasing an additional 39 shares in the last quarter. Mather Group LLC. boosted its holdings in shares of VanEck Semiconductor ETF by 320.0% in the 4th quarter. Mather Group LLC. now owns 105 shares of the company’s stock valued at $25,000 after buying an additional 80 shares in the last quarter. Ethos Financial Group LLC purchased a new position in shares of VanEck Semiconductor ETF in the 4th quarter worth approximately $28,000. Hemington Wealth Management raised its stake in shares of VanEck Semiconductor ETF by 50.6% during the 4th quarter. Hemington Wealth Management now owns 131 shares of the company’s stock worth $31,000 after acquiring an additional 44 shares in the last quarter. Finally, Fifth Third Bancorp boosted its stake in VanEck Semiconductor ETF by 80.2% in the fourth quarter. Fifth Third Bancorp now owns 155 shares of the company’s stock valued at $38,000 after acquiring an additional 69 shares in the last quarter.

VanEck Semiconductor ETF Trading Down 0.9 %

Shares of SMH stock opened at $192.53 on Monday. The company has a market cap of $17.72 billion, a PE ratio of 25.25 and a beta of 1.35. VanEck Semiconductor ETF has a 12-month low of $170.11 and a 12-month high of $283.07. The business’s fifty day simple moving average is $220.80 and its 200-day simple moving average is $239.02.

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.