TruWealth Advisors Dumps $28 Million in Semiconductor ETF — Here's What It Means as Nvidia and TSMC Soar

On Monday, TruWealth Advisors disclosed the sale of 93,960 shares of the VanEck Semiconductor ETF (NASDAQ:SMH) during the third quarter.According to a recent SEC filing dated Oct. 6, TruWealth Advisors reduced its position in the VanEck Semiconductor ETF (NASDAQ:SMH) by 93,960 shares during the third quarter, leaving a remaining balance of 13,557 shares. The shares sold had an estimated value of approximately $27.8 million. The post-transaction SMH position is valued at about $4.4 million as of Friday.This was a sell transaction; the post-sale SMH stake represents 0.2% of the fund’s nearly $2 billion in reportable U.S. equity assets.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool