Arlington Trust Co LLC Increases Stock Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Arlington Trust Co LLC lifted its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 775.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 175 shares of the company’s stock after buying an additional 155 shares during the quarter. Arlington Trust Co LLC’s holdings in VanEck Semiconductor ETF were worth $37,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of SMH. Detalus Advisors LLC purchased a new stake in shares of VanEck Semiconductor ETF in the 1st quarter valued at about $296,000. TCP Asset Management LLC raised its stake in VanEck Semiconductor ETF by 3.0% in the first quarter. TCP Asset Management LLC now owns 33,691 shares of the company’s stock valued at $7,125,000 after purchasing an additional 973 shares in the last quarter. DAVENPORT & Co LLC raised its stake in VanEck Semiconductor ETF by 41.1% in the first quarter. DAVENPORT & Co LLC now owns 4,913 shares of the company’s stock valued at $1,039,000 after purchasing an additional 1,431 shares in the last quarter. Vontobel Holding Ltd. raised its stake in VanEck Semiconductor ETF by 18.6% in the first quarter. Vontobel Holding Ltd. now owns 17,160 shares of the company’s stock valued at $3,629,000 after purchasing an additional 2,689 shares in the last quarter. Finally, Salomon & Ludwin LLC purchased a new stake in VanEck Semiconductor ETF in the first quarter valued at approximately $63,000.

VanEck Semiconductor ETF Price Performance

Shares of SMH opened at $281.25 on Thursday. The firm’s 50 day simple moving average is $245.71 and its 200 day simple moving average is $237.01. The company has a market capitalization of $26.58 billion, a P/E ratio of 34.83 and a beta of 1.35. VanEck Semiconductor ETF has a 1-year low of $170.11 and a 1-year high of $283.07.

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.