Global Trust Asset Management LLC Sells 305 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Global Trust Asset Management LLC decreased its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 17.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,490 shares of the company’s stock after selling 305 shares during the period. Global Trust Asset Management LLC’s holdings in VanEck Semiconductor ETF were worth $366,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Mather Group LLC. raised its stake in shares of VanEck Semiconductor ETF by 757.1% in the second quarter. Mather Group LLC. now owns 300 shares of the company’s stock valued at $78,000 after acquiring an additional 265 shares during the last quarter. Mirador Capital Partners LP bought a new position in shares of VanEck Semiconductor ETF in the first quarter valued at approximately $998,000. QRG Capital Management Inc. bought a new position in shares of VanEck Semiconductor ETF in the second quarter valued at approximately $325,000. Orion Portfolio Solutions LLC raised its stake in shares of VanEck Semiconductor ETF by 206.9% in the first quarter. Orion Portfolio Solutions LLC now owns 3,851 shares of the company’s stock valued at $866,000 after acquiring an additional 2,596 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC raised its stake in shares of VanEck Semiconductor ETF by 18.2% in 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 during the last quarter.

VanEck Semiconductor ETF Trading Up 0.4 %

NASDAQ:SMH opened at $250.06 on Friday. VanEck Semiconductor ETF has a 1 year low of $136.10 and a 1 year high of $283.07. The firm has a 50 day moving average of $242.54 and a 200-day moving average of $241.27. The stock has a market capitalization of $24.75 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.