D.A. Davidson & CO. Boosts Stake in VanEck Semiconductor ETF $SMH

D.A. Davidson & CO. lifted its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 27.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,752 shares of the company’s stock after acquiring an additional 5,580 shares during the quarter. D.A. Davidson & CO.’s holdings in VanEck Semiconductor ETF were worth $7,182,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of SMH. Grove Bank & Trust purchased a new stake in shares of VanEck Semiconductor ETF during the 2nd quarter worth about $25,000. Trust Co. of Toledo NA OH purchased a new stake in shares of VanEck Semiconductor ETF during the 2nd quarter worth about $25,000. Banque Transatlantique SA purchased a new stake in shares of VanEck Semiconductor ETF during the 1st quarter worth about $27,000. UMB Bank n.a. purchased a new stake in shares of VanEck Semiconductor ETF during the 2nd quarter worth about $28,000. Finally, Hilltop National Bank acquired a new position in shares of VanEck Semiconductor ETF during the 2nd quarter worth about $28,000.

VanEck Semiconductor ETF Stock Up 1.8%

SMH opened at $344.80 on Friday. VanEck Semiconductor ETF has a twelve month low of $170.11 and a twelve month high of $350.05. The company has a 50-day moving average price of $315.45 and a 200 day moving average price of $274.31. The company has a market cap of $33.86 billion, a PE ratio of 34.83 and a beta of 1.35.

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.