Legacy Advisory Services LLC Invests $204,000 in VanEck Semiconductor ETF $SMH

Legacy Advisory Services LLC bought a new position in VanEck Semiconductor ETF (NASDAQ:SMH) in the 1st quarter, Holdings Channel.com reports. The institutional investor bought 965 shares of the company’s stock, valued at approximately $204,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mpwm Advisory Solutions LLC bought a new position in VanEck Semiconductor ETF during the 4th quarter valued at approximately $27,000. Banque Transatlantique SA bought a new position in VanEck Semiconductor ETF during the 1st quarter valued at approximately $27,000. Arlington Trust Co LLC increased its position in VanEck Semiconductor ETF by 775.0% during the 1st quarter. Arlington Trust Co LLC now owns 175 shares of the company’s stock valued at $37,000 after buying an additional 155 shares in the last quarter. Avalon Trust Co bought a new position in VanEck Semiconductor ETF during the 1st quarter valued at approximately $42,000. Finally, SouthState Corp bought a new stake in shares of VanEck Semiconductor ETF in the 1st quarter worth $44,000.

VanEck Semiconductor ETF Trading Up 1.1%

VanEck Semiconductor ETF stock opened at $296.52 on Tuesday. The firm has a market cap of $27.38 billion, a price-to-earnings ratio of 34.83 and a beta of 1.35. VanEck Semiconductor ETF has a 12 month low of $170.11 and a 12 month high of $302.98. The stock has a fifty day simple moving average of $290.12 and a two-hundred day simple moving average of $250.54.

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.