SBI Securities Co. Ltd. lifted its stake in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 2.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 34,639 shares of the company’s stock after acquiring an additional 968 shares during the period. SBI Securities Co. Ltd.’s holdings in VanEck Semiconductor ETF were worth $9,660,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also made changes to their positions in the company. M&T Bank Corp lifted its position in VanEck Semiconductor ETF by 7.2% in the first quarter. M&T Bank Corp now owns 1,601 shares of the company’s stock worth $339,000 after purchasing an additional 107 shares during the period. Stephens Inc. AR raised its stake in shares of VanEck Semiconductor ETF by 12.7% in the 1st quarter. Stephens Inc. AR now owns 2,201 shares of the company’s stock worth $465,000 after buying an additional 248 shares in the last quarter. CWM LLC raised its stake in shares of VanEck Semiconductor ETF by 21.6% in the 1st quarter. CWM LLC now owns 9,297 shares of the company’s stock worth $1,966,000 after buying an additional 1,654 shares in the last quarter. Signaturefd LLC lifted its holdings in shares of VanEck Semiconductor ETF by 119.5% in the first quarter. Signaturefd LLC now owns 1,484 shares of the company’s stock valued at $314,000 after buying an additional 808 shares during the period. Finally, Dakota Wealth Management bought a new position in VanEck Semiconductor ETF during the first quarter valued at about $501,000.
VanEck Semiconductor ETF Stock Down 2.2%
NASDAQ:SMH opened at $351.05 on Wednesday. The business’s 50-day moving average price is $332.44 and its 200 day moving average price is $290.63. VanEck Semiconductor ETF has a 52-week low of $170.11 and a 52-week high of $372.78. The firm has a market cap of $35.24 billion, a P/E ratio of 34.83 and a beta of 1.52.
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.
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