Townsquare Capital LLC Increases Stake in VanEck Semiconductor ETF (NASDAQ:SMH)

Townsquare Capital LLC boosted its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 6.2% in the third quarter, Holdings Channel.com reports. The firm owned 4,442 shares of the company’s stock after acquiring an additional 261 shares during the quarter. Townsquare Capital LLC’s holdings in VanEck Semiconductor ETF were worth $1,090,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Piscataqua Savings Bank grew its holdings in shares of VanEck Semiconductor ETF by 1.0% during the 2nd quarter. Piscataqua Savings Bank now owns 4,050 shares of the company’s stock worth $1,056,000 after purchasing an additional 41 shares during the period. Nvwm LLC grew its stake in VanEck Semiconductor ETF by 2.2% during the third quarter. Nvwm LLC now owns 1,867 shares of the company’s stock worth $458,000 after buying an additional 41 shares during the period. Prime Capital Investment Advisors LLC increased its position in shares of VanEck Semiconductor ETF by 4.3% in the third quarter. Prime Capital Investment Advisors LLC now owns 1,011 shares of the company’s stock worth $248,000 after acquiring an additional 42 shares in the last quarter. Allworth Financial LP raised its stake in shares of VanEck Semiconductor ETF by 5.1% in the 3rd quarter. Allworth Financial LP now owns 892 shares of the company’s stock valued at $219,000 after acquiring an additional 43 shares during the period. Finally, Clarity Capital Partners LLC lifted its holdings in shares of VanEck Semiconductor ETF by 2.8% during the 3rd quarter. Clarity Capital Partners LLC now owns 1,590 shares of the company’s stock valued at $390,000 after acquiring an additional 44 shares in the last quarter.

VanEck Semiconductor ETF Trading Up 2.4 %

Shares of NASDAQ SMH opened at $247.87 on Tuesday. The stock has a fifty day moving average price of $248.13 and a 200 day moving average price of $247.15. VanEck Semiconductor ETF has a 12-month low of $156.56 and a 12-month high of $283.07. The company has a market cap of $24.56 billion, a P/E ratio of 18.82 and a beta of 1.35.

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.