Schmidt P J Investment Management Inc. Has $213,000 Holdings in VanEck Semiconductor ETF $SMH

Schmidt P J Investment Management Inc. cut its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 10.3% during the first quarter, HoldingsChannel.com reports. The firm owned 1,006 shares of the company’s stock after selling 115 shares during the quarter. Schmidt P J Investment Management Inc.’s holdings in VanEck Semiconductor ETF were worth $213,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Triumph Capital Management lifted its position in VanEck Semiconductor ETF by 23.8% during the 4th quarter. Triumph Capital Management now owns 4,282 shares of the company’s stock valued at $1,037,000 after purchasing an additional 823 shares during the period. Dynamic Advisor Solutions LLC acquired a new position in VanEck Semiconductor ETF during the 1st quarter valued at about $913,000. M&T Bank Corp lifted its position in VanEck Semiconductor ETF by 7.2% during the 1st quarter. M&T Bank Corp now owns 1,601 shares of the company’s stock valued at $339,000 after purchasing an additional 107 shares during the period. Northern Trust Corp increased its stake in shares of VanEck Semiconductor ETF by 7.5% in the 4th quarter. Northern Trust Corp now owns 5,192 shares of the company’s stock valued at $1,257,000 after acquiring an additional 360 shares during the last quarter. Finally, Blue Trust Inc. increased its stake in shares of VanEck Semiconductor ETF by 103.7% in the 1st quarter. Blue Trust Inc. now owns 275 shares of the company’s stock valued at $58,000 after acquiring an additional 140 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of SMH stock opened at $300.83 on Thursday. The stock has a market cap of $27.78 billion, a PE ratio of 34.83 and a beta of 1.35. The stock has a 50-day moving average of $290.95 and a 200-day moving average of $251.21. VanEck Semiconductor ETF has a one year low of $170.11 and a one year high of $302.98.

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.