Ausdal Financial Partners Inc. Lowers Stock Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Ausdal Financial Partners Inc. lessened its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 10.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 11,769 shares of the company’s stock after selling 1,305 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in VanEck Semiconductor ETF were worth $2,850,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Hartford Financial Management Inc. grew its holdings in shares of VanEck Semiconductor ETF by 61.9% in the fourth quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after purchasing an additional 39 shares in the last quarter. Mather Group LLC. raised its stake in VanEck Semiconductor ETF by 320.0% in the fourth quarter. Mather Group LLC. now owns 105 shares of the company’s stock valued at $25,000 after buying an additional 80 shares in the last quarter. Ethos Financial Group LLC purchased a new stake in VanEck Semiconductor ETF during the fourth quarter worth approximately $28,000. Hemington Wealth Management grew its position in shares of VanEck Semiconductor ETF by 50.6% in the 4th quarter. Hemington Wealth Management now owns 131 shares of the company’s stock valued at $31,000 after buying an additional 44 shares during the last quarter. Finally, Fifth Third Bancorp increased its position in shares of VanEck Semiconductor ETF by 80.2% during the fourth quarter. Fifth Third Bancorp now owns 155 shares of the company’s stock worth $38,000 after purchasing an additional 69 shares in the last quarter.

VanEck Semiconductor ETF Trading Down 0.4 %

Shares of NASDAQ SMH opened at $229.65 on Wednesday. The stock has a market cap of $21.75 billion, a P/E ratio of 31.46 and a beta of 1.35. The stock has a 50 day moving average of $240.57 and a two-hundred day moving average of $244.29. VanEck Semiconductor ETF has a twelve month low of $198.44 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.