VanEck Semiconductor ETF $SMH is Wealth Quarterback LLC’s 6th Largest Position

Wealth Quarterback LLC increased its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 93.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 20,064 shares of the company’s stock after acquiring an additional 9,666 shares during the period. VanEck Semiconductor ETF makes up about 2.7% of Wealth Quarterback LLC’s holdings, making the stock its 6th biggest position. Wealth Quarterback LLC’s holdings in VanEck Semiconductor ETF were worth $5,596,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of SMH. Grove Bank & Trust bought a new position in shares of VanEck Semiconductor ETF in the second quarter worth $25,000. Trust Co. of Toledo NA OH bought a new stake in VanEck Semiconductor ETF during the second quarter valued at $25,000. Banque Transatlantique SA purchased a new position in VanEck Semiconductor ETF during the first quarter worth about $27,000. UMB Bank n.a. bought a new position in VanEck Semiconductor ETF in the 2nd quarter worth about $28,000. Finally, Hilltop National Bank bought a new position in VanEck Semiconductor ETF in the 2nd quarter worth about $28,000.

VanEck Semiconductor ETF Trading Down 2.2%

Shares of SMH opened at $351.05 on Wednesday. VanEck Semiconductor ETF has a 12-month low of $170.11 and a 12-month high of $372.78. The company has a market cap of $35.24 billion, a PE ratio of 34.83 and a beta of 1.52. The stock has a 50-day moving average price of $332.44 and a 200-day moving average price of $290.63.

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.