Princeton Global Asset Management LLC lifted its holdings in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 242.4% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 2,082 shares of the company’s stock after buying an additional 1,474 shares during the quarter. Princeton Global Asset Management LLC’s holdings in VanEck Semiconductor ETF were worth $798,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also modified their holdings of the business. Patriot Financial Group Insurance Agency LLC acquired a new stake in VanEck Semiconductor ETF during the first quarter worth about $447,000. Chemung Canal Trust Co. grew its holdings in shares of VanEck Semiconductor ETF by 2.8% during the first quarter. Chemung Canal Trust Co. now owns 6,416 shares of the company’s stock valued at $2,460,000 after purchasing an additional 172 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of VanEck Semiconductor ETF by 9.3% during the first quarter. Janney Montgomery Scott LLC now owns 98,733 shares of the company’s stock valued at $37,854,000 after purchasing an additional 8,411 shares during the last quarter. Goodman Advisory Group LLC raised its position in shares of VanEck Semiconductor ETF by 7.8% during the 1st quarter. Goodman Advisory Group LLC now owns 318 shares of the company’s stock worth $122,000 after purchasing an additional 23 shares during the period. Finally, WT Wealth Management lifted its holdings in shares of VanEck Semiconductor ETF by 1.1% in the 1st quarter. WT Wealth Management now owns 23,391 shares of the company’s stock worth $8,968,000 after purchasing an additional 256 shares during the last quarter.
VanEck Semiconductor ETF Price Performance
NASDAQ:SMH opened at $611.61 on Monday. VanEck Semiconductor ETF has a 12-month low of $272.16 and a 12-month high of $671.83. The firm has a market capitalization of $71.06 billion, a P/E ratio of 34.83 and a beta of 1.72. The business has a 50 day simple moving average of $570.31 and a 200 day simple moving average of $455.18.
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.
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