Greenwood Gearhart Inc. purchased a new position in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) during the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 5,813 shares of the company’s stock, valued at approximately $1,621,000.
Several other hedge funds have also bought and sold shares of SMH. Focus Financial Network Inc. boosted its position in VanEck Semiconductor ETF by 12.4% in the 1st quarter. Focus Financial Network Inc. now owns 2,395 shares of the company’s stock worth $506,000 after purchasing an additional 264 shares in the last quarter. Zhang Financial LLC purchased a new stake in VanEck Semiconductor ETF in the 1st quarter worth approximately $253,000. Union Bancaire Privee UBP SA boosted its position in VanEck Semiconductor ETF by 37.0% in the 1st quarter. Union Bancaire Privee UBP SA now owns 1,480 shares of the company’s stock worth $314,000 after purchasing an additional 400 shares in the last quarter. Seros Financial LLC purchased a new stake in VanEck Semiconductor ETF in the 1st quarter worth approximately $250,000. Finally, Krilogy Financial LLC boosted its position in VanEck Semiconductor ETF by 11.6% in the 1st quarter. Krilogy Financial LLC now owns 12,565 shares of the company’s stock worth $2,657,000 after purchasing an additional 1,308 shares in the last quarter.
VanEck Semiconductor ETF Trading Down 5.8%
VanEck Semiconductor ETF stock opened at $325.34 on Friday. VanEck Semiconductor ETF has a 12 month low of $170.11 and a 12 month high of $348.53. The stock’s 50 day simple moving average is $306.82 and its two-hundred day simple moving average is $265.86. The firm has a market cap of $32.25 billion, a PE ratio of 34.83 and a beta of 1.35.
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.
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