Dearborn Partners LLC Sells 200 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Dearborn Partners LLC reduced its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 3.4% during the third quarter, Holdings Channel.com reports. The firm owned 5,658 shares of the company’s stock after selling 200 shares during the quarter. Dearborn Partners LLC’s holdings in VanEck Semiconductor ETF were worth $1,389,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Mather Group LLC. raised its holdings in shares of VanEck Semiconductor ETF by 757.1% in the 2nd quarter. Mather Group LLC. now owns 300 shares of the company’s stock worth $78,000 after purchasing an additional 265 shares during the period. QRG Capital Management Inc. purchased a new position in shares of VanEck Semiconductor ETF during the 2nd quarter valued at $325,000. Orion Portfolio Solutions LLC grew its stake in shares of VanEck Semiconductor ETF by 206.9% during the 1st quarter. Orion Portfolio Solutions LLC now owns 3,851 shares of the company’s stock worth $866,000 after acquiring an additional 2,596 shares during the period. O Shaughnessy Asset Management LLC raised its stake in VanEck Semiconductor ETF by 18.2% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 2,781 shares of the company’s stock valued at $626,000 after acquiring an additional 429 shares during the period. Finally, Comerica Bank lifted its holdings in VanEck Semiconductor ETF by 20.5% during the first quarter. Comerica Bank now owns 8,452 shares of the company’s stock valued at $1,901,000 after purchasing an additional 1,440 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ SMH opened at $248.18 on Friday. VanEck Semiconductor ETF has a fifty-two week low of $156.56 and a fifty-two week high of $283.07. The stock has a market cap of $24.59 billion, a PE ratio of 18.82 and a beta of 1.35. The stock has a fifty day moving average of $245.18 and a 200-day moving average of $245.09.

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.