Greenwich Wealth Management LLC Has $1.33 Million Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Greenwich Wealth Management LLC cut its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 3.7% in the second quarter, Holdings Channel reports. The institutional investor owned 5,106 shares of the company’s stock after selling 196 shares during the period. Greenwich Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $1,331,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Piscataqua Savings Bank grew its holdings in VanEck Semiconductor ETF by 1.0% during the second quarter. Piscataqua Savings Bank now owns 4,050 shares of the company’s stock worth $1,056,000 after purchasing an additional 41 shares during the period. Macroview Investment Management LLC raised its stake in VanEck Semiconductor ETF by 21.5% in the 2nd quarter. Macroview Investment Management LLC now owns 271 shares of the company’s stock valued at $71,000 after acquiring an additional 48 shares during the period. Choreo LLC raised its stake in VanEck Semiconductor ETF by 1.1% in the 1st quarter. Choreo LLC now owns 4,891 shares of the company’s stock valued at $1,100,000 after acquiring an additional 54 shares during the period. FinTrust Capital Advisors LLC boosted its position in VanEck Semiconductor ETF by 31.8% during the fourth quarter. FinTrust Capital Advisors LLC now owns 232 shares of the company’s stock worth $41,000 after purchasing an additional 56 shares during the period. Finally, Cascade Investment Group Inc. boosted its position in VanEck Semiconductor ETF by 4.4% during the second 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.

VanEck Semiconductor ETF Price Performance

Shares of SMH opened at $236.91 on Monday. The company’s 50-day moving average is $241.80 and its 200-day moving average is $236.82. The firm has a market capitalization of $21.31 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a fifty-two week low of $136.10 and a fifty-two week high of $283.07.

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.