Nations Financial Group Inc. IA ADV Sells 42 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Nations Financial Group Inc. IA ADV cut its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 4.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 930 shares of the company’s stock after selling 42 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in VanEck Semiconductor ETF were worth $228,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Mather Group LLC. boosted its stake in VanEck Semiconductor ETF by 757.1% during the second quarter. Mather Group LLC. now owns 300 shares of the company’s stock worth $78,000 after buying an additional 265 shares during the period. QRG Capital Management Inc. bought a new position in VanEck Semiconductor ETF in the second quarter worth about $325,000. Orion Portfolio Solutions LLC raised its holdings in VanEck Semiconductor ETF by 206.9% in the first quarter. Orion Portfolio Solutions LLC now owns 3,851 shares of the company’s stock worth $866,000 after purchasing an additional 2,596 shares in the last quarter. O Shaughnessy Asset Management LLC increased its holdings in shares of VanEck Semiconductor ETF by 18.2% during the first 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 in the last quarter. Finally, Comerica Bank increased its holdings in shares of 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 acquiring an additional 1,440 shares in the last quarter.

VanEck Semiconductor ETF Stock Up 0.2 %

Shares of NASDAQ SMH opened at $248.18 on Friday. The business’s 50 day moving average price is $245.18 and its 200 day moving average price is $245.09. The firm has a market cap of $24.59 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 52 week low of $156.56 and a 52 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.