VanEck Semiconductor ETF (NASDAQ:SMH) Shares Sold by Clarity Financial LLC

Clarity Financial LLC reduced its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 21.3% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 19,379 shares of the company’s stock after selling 5,246 shares during the quarter. Clarity Financial LLC’s holdings in VanEck Semiconductor ETF were worth $4,360,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in SMH. PNC Financial Services Group Inc. increased its stake in shares of VanEck Semiconductor ETF by 9.1% in the 3rd quarter. PNC Financial Services Group Inc. now owns 2,541 shares of the company’s stock worth $368,000 after acquiring an additional 213 shares during the last quarter. Advance Capital Management Inc. acquired a new stake in shares of VanEck Semiconductor ETF in the 1st quarter worth $216,000. Mutual Advisors LLC increased its stake in shares of VanEck Semiconductor ETF by 12.1% in the 4th quarter. Mutual Advisors LLC now owns 3,867 shares of the company’s stock worth $676,000 after acquiring an additional 417 shares during the last quarter. O Shaughnessy Asset Management LLC purchased a new position in shares of VanEck Semiconductor ETF during the 3rd quarter worth $277,000. Finally, Pinnacle Associates Ltd. grew its holdings in shares of VanEck Semiconductor ETF by 2.3% during the 4th quarter. Pinnacle Associates Ltd. now owns 5,866 shares of the company’s stock worth $1,026,000 after purchasing an additional 130 shares during the period.

VanEck Semiconductor ETF Trading Down 0.1 %

NASDAQ SMH opened at $260.70 on Thursday. The stock has a market cap of $22.03 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a twelve month low of $136.10 and a twelve month high of $279.57. The stock has a fifty day simple moving average of $236.77 and a 200-day simple moving average of $212.28.

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.