Prospera Financial Services Inc Buys 5,687 Shares of VanEck Semiconductor ETF $SMH

Prospera Financial Services Inc lifted its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 9.9% in the 2nd quarter, Holdings Channel.com reports. The fund owned 62,878 shares of the company’s stock after acquiring an additional 5,687 shares during the period. Prospera Financial Services Inc’s holdings in VanEck Semiconductor ETF were worth $17,536,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of SMH. Goldman Sachs Group Inc. lifted its holdings in VanEck Semiconductor ETF by 46.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,873,885 shares of the company’s stock valued at $607,740,000 after buying an additional 907,073 shares in the last quarter. Menora Mivtachim Holdings LTD. lifted its position in VanEck Semiconductor ETF by 48.1% during the first quarter. Menora Mivtachim Holdings LTD. now owns 496,500 shares of the company’s stock valued at $104,995,000 after acquiring an additional 161,350 shares during the last quarter. Meitav Investment House Ltd. increased its position in VanEck Semiconductor ETF by 26.0% during the 2nd quarter. Meitav Investment House Ltd. now owns 475,332 shares of the company’s stock valued at $132,605,000 after buying an additional 97,941 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. increased its stake in VanEck Semiconductor ETF by 3,235,614.3% during the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 453,000 shares of the company’s stock valued at $126,333,000 after purchasing an additional 452,986 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in VanEck Semiconductor ETF by 24.3% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 447,294 shares of the company’s stock valued at $94,589,000 after purchasing an additional 87,395 shares during the last quarter.

VanEck Semiconductor ETF Trading Down 0.8%

Shares of NASDAQ SMH opened at $348.12 on Friday. The company has a 50 day simple moving average of $329.78 and a two-hundred day simple moving average of $287.30. The stock has a market cap of $34.95 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a 12 month low of $170.11 and a 12 month high of $372.78.

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.