Welch Group LLC acquired a new stake in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 2,719 shares of the company’s stock, valued at approximately $1,656,000.
A number of other institutional investors have also modified their holdings of SMH. Schuylkill Financial LLC purchased a new position in VanEck Semiconductor ETF in the 2nd quarter worth approximately $2,262,000. Markowski Investments acquired a new stake in shares of VanEck Semiconductor ETF during the second quarter worth approximately $656,000. XML Financial LLC increased its position in shares of VanEck Semiconductor ETF by 4,002.7% in the 2nd quarter. XML Financial LLC now owns 27,693 shares of the company’s stock worth $18,164,000 after purchasing an additional 27,018 shares during the last quarter. Valued Retirements Inc. bought a new position in shares of VanEck Semiconductor ETF during the second quarter worth about $4,503,000. Finally, PCG Wealth Advisors LLC increased its holdings in VanEck Semiconductor ETF by 11.8% in the second quarter. PCG Wealth Advisors LLC now owns 13,707 shares of the company’s stock valued at $8,990,000 after buying an additional 1,447 shares during the last quarter.
VanEck Semiconductor ETF Price Performance
Shares of NASDAQ SMH opened at $522.49 on Monday. The stock has a market capitalization of $66.59 billion, a P/E ratio of 34.83 and a beta of 1.73. VanEck Semiconductor ETF has a 52-week low of $315.05 and a 52-week high of $671.83. The stock’s 50 day moving average price is $572.62 and its two-hundred day moving average price is $518.19.
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.
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