Klingenstein Fields & Co. LP Sells 200 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Klingenstein Fields & Co. LP trimmed its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 2.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,586 shares of the company’s stock after selling 200 shares during the period. Klingenstein Fields & Co. LP’s holdings in VanEck Semiconductor ETF were worth $1,862,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Chilton Capital Management LLC bought a new position in VanEck Semiconductor ETF in the second quarter worth about $26,000. Mendota Financial Group LLC bought a new position in VanEck Semiconductor ETF in the third quarter worth about $25,000. Innealta Capital LLC bought a new position in VanEck Semiconductor ETF in the second quarter worth about $28,000. TD Capital Management LLC bought a new position in VanEck Semiconductor ETF in the second quarter worth about $29,000. Finally, Financial Management Professionals Inc. bought a new position in VanEck Semiconductor ETF in the third quarter worth about $28,000.

VanEck Semiconductor ETF Price Performance

SMH stock opened at $246.02 on Monday. VanEck Semiconductor ETF has a 1 year low of $148.29 and a 1 year high of $283.07. The company has a market cap of $24.38 billion, a P/E ratio of 18.82 and a beta of 1.35. The firm has a 50-day moving average of $242.82 and a 200 day moving average of $242.84.

VanEck Semiconductor ETF Company 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.