VanEck Semiconductor ETF (NASDAQ:SMH) Shares Sold by Mathes Company Inc.

Mathes Company Inc. trimmed its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 35.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,195 shares of the company’s stock after selling 1,765 shares during the quarter. Mathes Company Inc.’s holdings in VanEck Semiconductor ETF were worth $784,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in SMH. Financial Freedom LLC raised its holdings in shares of VanEck Semiconductor ETF by 46.1% in the third quarter. Financial Freedom LLC now owns 18,897 shares of the company’s stock worth $4,638,000 after acquiring an additional 5,964 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in VanEck Semiconductor ETF by 21.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,426 shares of the company’s stock valued at $841,000 after purchasing an additional 614 shares in the last quarter. Gladstone Institutional Advisory LLC grew its position in shares of VanEck Semiconductor ETF by 142.7% during the third quarter. Gladstone Institutional Advisory LLC now owns 13,850 shares of the company’s stock worth $3,400,000 after buying an additional 8,144 shares in the last quarter. Focus Financial Network Inc. raised its stake in VanEck Semiconductor ETF by 27.2% during the third quarter. Focus Financial Network Inc. now owns 2,392 shares of the company’s stock valued at $587,000 after buying an additional 511 shares in the last quarter. Finally, Fairfield Financial Advisors LTD boosted its holdings in shares of VanEck Semiconductor ETF by 286.7% in the 3rd quarter. Fairfield Financial Advisors LTD now owns 232 shares of the company’s stock valued at $57,000 after buying an additional 172 shares during the period.

VanEck Semiconductor ETF Trading Up 1.3 %

NASDAQ:SMH traded up $3.07 on Friday, hitting $244.75. 5,520,983 shares of the company’s stock traded hands, compared to its average volume of 8,103,857. The company has a market cap of $24.25 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 1 year low of $144.29 and a 1 year high of $283.07. The firm has a 50-day moving average price of $242.82 and a 200-day moving average price of $242.46.

VanEck Semiconductor ETF 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.