Main Management ETF Advisors LLC increased its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 2.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 689,520 shares of the company’s stock after acquiring an additional 17,340 shares during the quarter. VanEck Semiconductor ETF comprises approximately 9.0% of Main Management ETF Advisors LLC’s holdings, making the stock its 5th largest holding. Main Management ETF Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $179,758,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also bought and sold shares of SMH. Mather Group LLC. grew its holdings in shares of VanEck Semiconductor ETF by 757.1% in the 2nd quarter. Mather Group LLC. now owns 300 shares of the company’s stock worth $78,000 after purchasing an additional 265 shares during the last quarter. Advance Capital Management Inc. bought a new position in VanEck Semiconductor ETF during the 1st quarter worth approximately $216,000. Key Client Fiduciary Advisors LLC acquired a new stake in VanEck Semiconductor ETF during the 1st quarter worth approximately $202,000. Mirador Capital Partners LP acquired a new stake in VanEck Semiconductor ETF during the 1st quarter worth approximately $998,000. Finally, QRG Capital Management Inc. acquired a new stake in VanEck Semiconductor ETF during the 2nd quarter worth approximately $325,000.
VanEck Semiconductor ETF Stock Up 2.9 %
NASDAQ SMH opened at $252.62 on Friday. VanEck Semiconductor ETF has a 12-month low of $136.10 and a 12-month high of $283.07. The company has a market capitalization of $22.72 billion, a PE ratio of 18.82 and a beta of 1.35. The firm’s 50 day moving average is $236.30 and its 200-day moving average is $237.67.
About VanEck Semiconductor ETF
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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