McGuire Investment Group LLC Buys 618 Shares of VanEck Semiconductor ETF $SMH

McGuire Investment Group LLC increased its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 4.8% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 13,477 shares of the company’s stock after acquiring an additional 618 shares during the quarter. McGuire Investment Group LLC’s holdings in VanEck Semiconductor ETF were worth $3,758,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Grove Bank & Trust purchased a new stake in VanEck Semiconductor ETF during the second quarter valued at $25,000. Banque Transatlantique SA purchased a new stake in VanEck Semiconductor ETF during the first quarter valued at $27,000. UMB Bank n.a. purchased a new stake in VanEck Semiconductor ETF during the second quarter valued at $28,000. Arlington Trust Co LLC raised its stake in VanEck Semiconductor ETF by 775.0% during the first quarter. Arlington Trust Co LLC now owns 175 shares of the company’s stock valued at $37,000 after purchasing an additional 155 shares in the last quarter. Finally, Avalon Trust Co purchased a new stake in VanEck Semiconductor ETF during the first quarter valued at $42,000.

VanEck Semiconductor ETF Stock Up 2.2%

VanEck Semiconductor ETF stock opened at $333.69 on Thursday. The company has a market cap of $30.81 billion, a price-to-earnings ratio of 34.83 and a beta of 1.35. The firm’s fifty day moving average is $299.95 and its 200 day moving average is $260.49. VanEck Semiconductor ETF has a 52-week low of $170.11 and a 52-week high of $334.11.

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.