Mount Yale Investment Advisors LLC acquired a new stake in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) during the 2nd quarter, Holdings Channel reports. The institutional investor acquired 872 shares of the company’s stock, valued at approximately $227,000.
A number of other institutional investors have also modified their holdings of the company. Symmetry Investments LP acquired a new position in VanEck Semiconductor ETF during the second quarter valued at approximately $847,000. Kayne Anderson Rudnick Investment Management LLC boosted its position in VanEck Semiconductor ETF by 75.1% during the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 774 shares of the company’s stock worth $202,000 after purchasing an additional 332 shares during the period. Garden State Investment Advisory Services LLC increased its holdings in VanEck Semiconductor ETF by 3.8% in the 2nd quarter. Garden State Investment Advisory Services LLC now owns 13,769 shares of the company’s stock valued at $3,590,000 after purchasing an additional 508 shares in the last quarter. AE Wealth Management LLC raised its position in VanEck Semiconductor ETF by 54.6% in the second quarter. AE Wealth Management LLC now owns 17,599 shares of the company’s stock valued at $4,588,000 after purchasing an additional 6,216 shares during the period. Finally, Somerset Group LLC purchased a new position in VanEck Semiconductor ETF in the second quarter valued at about $358,000.
VanEck Semiconductor ETF Price Performance
Shares of NASDAQ SMH opened at $243.40 on Wednesday. VanEck Semiconductor ETF has a 1-year low of $136.10 and a 1-year high of $283.07. The company has a market capitalization of $21.89 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. The business has a 50-day moving average of $237.14 and a 200-day moving average of $237.38.
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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