Salomon & Ludwin LLC Has $141,000 Stock Position in VanEck Semiconductor ETF $SMH

Salomon & Ludwin LLC grew its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 66.7% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 500 shares of the company’s stock after buying an additional 200 shares during the period. Salomon & Ludwin LLC’s holdings in VanEck Semiconductor ETF were worth $141,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Grove Bank & Trust acquired a new position in shares of VanEck Semiconductor ETF during the 2nd quarter valued at $25,000. Trust Co. of Toledo NA OH acquired a new stake in VanEck Semiconductor ETF in the second quarter worth $25,000. UMB Bank n.a. bought a new stake in VanEck Semiconductor ETF in the second quarter valued at $28,000. Hilltop National Bank acquired a new position in shares of VanEck Semiconductor ETF during the second quarter valued at about $28,000. Finally, Hazlett Burt & Watson Inc. raised its holdings in shares of VanEck Semiconductor ETF by 61.1% during the second quarter. Hazlett Burt & Watson Inc. now owns 116 shares of the company’s stock valued at $31,000 after purchasing an additional 44 shares during the period.

VanEck Semiconductor ETF Price Performance

Shares of SMH opened at $342.83 on Monday. The stock has a 50-day moving average of $311.87 and a 200-day moving average of $271.09. The company has a market cap of $33.51 billion, a PE ratio of 34.83 and a beta of 1.35. VanEck Semiconductor ETF has a one year low of $170.11 and a one year high of $348.53.

VanEck Semiconductor ETF Company 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.