Main Street Financial Solutions LLC Reduces Stock Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Main Street Financial Solutions LLC lessened its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 16.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,213 shares of the company’s stock after selling 238 shares during the quarter. Main Street Financial Solutions LLC’s holdings in VanEck Semiconductor ETF were worth $298,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of SMH. Mendota Financial Group LLC acquired a new stake in VanEck Semiconductor ETF during the 3rd quarter worth $25,000. Chilton Capital Management LLC acquired a new stake in shares of VanEck Semiconductor ETF during the second quarter worth about $26,000. Innealta Capital LLC purchased a new position in shares of VanEck Semiconductor ETF during the second quarter worth about $28,000. Financial Management Professionals Inc. acquired a new position in VanEck Semiconductor ETF in the 3rd quarter valued at about $28,000. Finally, TD Capital Management LLC acquired a new position in VanEck Semiconductor ETF in the 2nd quarter valued at about $29,000.

VanEck Semiconductor ETF Trading Up 0.2 %

NASDAQ:SMH opened at $248.18 on Friday. The stock’s 50 day simple moving average is $245.18 and its 200-day simple moving average is $245.09. VanEck Semiconductor ETF has a 12-month low of $156.56 and a 12-month high of $283.07. 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 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.