Paragon Advisors LLC Raises Stake in VanEck Semiconductor ETF (NASDAQ:SMH)

Paragon Advisors LLC boosted its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 7.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,937 shares of the company’s stock after buying an additional 457 shares during the quarter. Paragon Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $1,703,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SMH. Mather Group LLC. increased its position in shares of VanEck Semiconductor ETF by 757.1% during the second quarter. Mather Group LLC. now owns 300 shares of the company’s stock worth $78,000 after purchasing an additional 265 shares in the last quarter. QRG Capital Management Inc. acquired a new position in VanEck Semiconductor ETF during the 2nd quarter worth about $325,000. Orion Portfolio Solutions LLC lifted its stake in VanEck Semiconductor ETF by 206.9% in the first quarter. Orion Portfolio Solutions LLC now owns 3,851 shares of the company’s stock worth $866,000 after acquiring an additional 2,596 shares during the last quarter. O Shaughnessy Asset Management LLC raised its stake in VanEck Semiconductor ETF by 18.2% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 2,781 shares of the company’s stock worth $626,000 after acquiring an additional 429 shares in the last quarter. Finally, Comerica Bank grew its holdings in shares of VanEck Semiconductor ETF by 20.5% during the first quarter. Comerica Bank now owns 8,452 shares of the company’s stock worth $1,901,000 after buying an additional 1,440 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of VanEck Semiconductor ETF stock opened at $239.95 on Friday. The business has a 50 day moving average price of $246.15 and a 200 day moving average price of $245.26. The company has a market capitalization of $23.78 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 1 year low of $156.56 and a 1 year high of $283.07.

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.