VanEck Semiconductor ETF $SMH Shares Purchased by Welch Group LLC

Welch Group LLC boosted its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 21.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,834 shares of the company’s stock after buying an additional 501 shares during the period. Welch Group LLC’s holdings in VanEck Semiconductor ETF were worth $790,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in SMH. Grove Bank & Trust acquired a new position in shares of VanEck Semiconductor ETF during the second quarter valued at $25,000. Trust Co. of Toledo NA OH acquired a new position in shares of VanEck Semiconductor ETF during the second quarter valued at $25,000. Banque Transatlantique SA acquired a new position in shares of VanEck Semiconductor ETF during the first quarter valued at $27,000. UMB Bank n.a. acquired a new position in shares of VanEck Semiconductor ETF during the second quarter valued at $28,000. Finally, Hilltop National Bank acquired a new position in shares of VanEck Semiconductor ETF during the second quarter valued at $28,000.

VanEck Semiconductor ETF Stock Performance

Shares of SMH opened at $325.34 on Monday. The firm has a market capitalization of $32.25 billion, a price-to-earnings ratio of 34.83 and a beta of 1.35. VanEck Semiconductor ETF has a one year low of $170.11 and a one year high of $348.53. The stock’s fifty day moving average is $306.82 and its 200-day moving average is $266.50.

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.