Lionsbridge Wealth Management LLC Acquires Shares of 27,493 VanEck Semiconductor ETF $SMH

Lionsbridge Wealth Management LLC acquired a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 27,493 shares of the company’s stock, valued at approximately $18,032,000. VanEck Semiconductor ETF accounts for 15.6% of Lionsbridge Wealth Management LLC’s holdings, making the stock its largest holding.

Several other large investors have also recently added to or reduced their stakes in SMH. Peak Planning Group LLC bought a new position in VanEck Semiconductor ETF during the fourth quarter worth about $3,007,000. WealthBridge Capital Management LLC acquired a new stake in VanEck Semiconductor ETF in the 1st quarter worth about $1,393,000. Kane Investment Management Inc. boosted its holdings in VanEck Semiconductor ETF by 66.7% in the 4th quarter. Kane Investment Management Inc. now owns 2,689 shares of the company’s stock valued at $968,000 after purchasing an additional 1,076 shares during the period. Osbon Capital Management LLC bought a new stake in VanEck Semiconductor ETF in the 4th quarter valued at about $1,962,000. Finally, Petredis Investment Advisors LLC boosted its holdings in VanEck Semiconductor ETF by 2.6% in the 1st quarter. Petredis Investment Advisors LLC now owns 46,188 shares of the company’s stock valued at $17,708,000 after purchasing an additional 1,161 shares during the period.

VanEck Semiconductor ETF Stock Down 2.0%

Shares of NASDAQ:SMH opened at $545.22 on Wednesday. The company’s 50 day moving average price is $577.50 and its two-hundred day moving average price is $518.80. VanEck Semiconductor ETF has a 12-month low of $281.74 and a 12-month high of $671.83. The firm has a market cap of $68.50 billion, a PE ratio of 34.83 and a beta of 1.73.

VanEck Semiconductor ETF Company 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.