EP Wealth Advisors LLC Cuts Position in VanEck Semiconductor ETF (NASDAQ:SMH)

EP Wealth Advisors LLC lowered its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 0.2% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 25,701 shares of the company’s stock after selling 55 shares during the quarter. EP Wealth Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $5,782,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of SMH. CreativeOne Wealth LLC raised its position in VanEck Semiconductor ETF by 138.4% in the first quarter. CreativeOne Wealth LLC now owns 20,590 shares of the company’s stock valued at $4,633,000 after purchasing an additional 11,953 shares during the period. Owen LaRue LLC purchased a new stake in shares of VanEck Semiconductor ETF during the 1st quarter valued at about $1,024,000. O Shaughnessy Asset Management LLC lifted its position in VanEck Semiconductor ETF by 18.2% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 2,781 shares of the company’s stock worth $626,000 after acquiring an additional 429 shares in the last quarter. Penobscot Investment Management Company Inc. boosted its holdings in VanEck Semiconductor ETF by 9.7% in the 1st quarter. Penobscot Investment Management Company Inc. now owns 32,025 shares of the company’s stock worth $7,205,000 after acquiring an additional 2,845 shares during the period. Finally, Resurgent Financial Advisors LLC grew its position in VanEck Semiconductor ETF by 62.6% in the first quarter. Resurgent Financial Advisors LLC now owns 3,697 shares of the company’s stock valued at $832,000 after acquiring an additional 1,424 shares in the last quarter.

VanEck Semiconductor ETF Stock Up 1.6 %

Shares of NASDAQ SMH traded up $3.82 during trading on Friday, reaching $240.38. 6,949,032 shares of the stock were exchanged, compared to its average volume of 8,254,329. The company has a market capitalization of $20.79 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. The business’s 50-day moving average price is $257.21 and its 200 day moving average price is $225.68. VanEck Semiconductor ETF has a twelve month low of $136.10 and a twelve month 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.