McElhenny Sheffield Capital Management LLC acquired a new stake in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) in the 2nd quarter, Holdings Channel.com reports. The institutional investor acquired 406 shares of the company’s stock, valued at approximately $113,000.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Accurate Wealth Management LLC bought a new position in VanEck Semiconductor ETF in the first quarter worth approximately $254,000. Focus Financial Network Inc. raised its position in shares of VanEck Semiconductor ETF by 12.4% in the 1st quarter. Focus Financial Network Inc. now owns 2,395 shares of the company’s stock worth $506,000 after acquiring an additional 264 shares in the last quarter. Zhang Financial LLC bought a new position in shares of VanEck Semiconductor ETF in the 1st quarter worth $253,000. Union Bancaire Privee UBP SA raised its position in shares of VanEck Semiconductor ETF by 37.0% in the 1st quarter. Union Bancaire Privee UBP SA now owns 1,480 shares of the company’s stock worth $314,000 after acquiring an additional 400 shares in the last quarter. Finally, Seros Financial LLC bought a new position in shares of VanEck Semiconductor ETF in the 1st quarter worth $250,000.
VanEck Semiconductor ETF Stock Performance
Shares of VanEck Semiconductor ETF stock opened at $345.21 on Friday. The company has a market capitalization of $34.12 billion, a PE ratio of 34.83 and a beta of 1.35. The company has a 50-day simple moving average of $305.99 and a two-hundred day simple moving average of $265.20. VanEck Semiconductor ETF has a one year low of $170.11 and a one year high of $348.53.
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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