VanEck Semiconductor ETF (NASDAQ:SMH) Shares Sold by Ausdal Financial Partners Inc.

Ausdal Financial Partners Inc. lessened its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 10.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,769 shares of the company’s stock after selling 1,305 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in VanEck Semiconductor ETF were worth $2,850,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Hartford Financial Management Inc. boosted its holdings in VanEck Semiconductor ETF by 61.9% during the fourth quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock worth $25,000 after buying an additional 39 shares in the last quarter. Mather Group LLC. grew its holdings in shares of VanEck Semiconductor ETF by 320.0% during the fourth quarter. Mather Group LLC. now owns 105 shares of the company’s stock worth $25,000 after buying an additional 80 shares in the last quarter. Ethos Financial Group LLC acquired a new stake in VanEck Semiconductor ETF in the 4th quarter valued at about $28,000. Hemington Wealth Management increased its holdings in shares of VanEck Semiconductor ETF by 50.6% in the fourth quarter. Hemington Wealth Management now owns 131 shares of the company’s stock valued at $31,000 after purchasing an additional 44 shares during the last quarter. Finally, Fifth Third Bancorp increased its stake in shares of VanEck Semiconductor ETF by 80.2% in the 4th quarter. Fifth Third Bancorp now owns 155 shares of the company’s stock worth $38,000 after acquiring an additional 69 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of SMH stock opened at $229.65 on Wednesday. The company has a market capitalization of $21.75 billion, a PE ratio of 31.46 and a beta of 1.35. The firm’s 50-day moving average is $240.57 and its two-hundred day moving average is $244.29. VanEck Semiconductor ETF has a 12 month low of $198.44 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.