Benchmark Financial Wealth Advisors LLC Sells 779 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Benchmark Financial Wealth Advisors LLC lessened its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 47.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 860 shares of the company’s stock after selling 779 shares during the quarter. Benchmark Financial Wealth Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $211,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Chilton Capital Management LLC bought a new position in shares of VanEck Semiconductor ETF during the 2nd quarter worth about $26,000. Mendota Financial Group LLC bought a new position in shares of VanEck Semiconductor ETF during the 3rd quarter worth about $25,000. Innealta Capital LLC bought a new position in shares of VanEck Semiconductor ETF during the 2nd quarter worth about $28,000. TD Capital Management LLC bought a new position in shares of VanEck Semiconductor ETF during the 2nd quarter worth about $29,000. Finally, Financial Management Professionals Inc. bought a new position in shares of VanEck Semiconductor ETF during the 3rd quarter worth about $28,000.

VanEck Semiconductor ETF Price Performance

SMH stock opened at $248.31 on Wednesday. VanEck Semiconductor ETF has a 1 year low of $148.29 and a 1 year high of $283.07. The stock has a market capitalization of $24.61 billion, a PE ratio of 18.82 and a beta of 1.35. The company’s 50-day moving average is $242.92 and its 200-day moving average is $243.43.

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.