Milestone Asset Management LLC Grows Stake in VanEck Semiconductor ETF $SMH

Milestone Asset Management LLC raised its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 5.9% in the second quarter, HoldingsChannel.com reports. The fund owned 4,090 shares of the company’s stock after purchasing an additional 227 shares during the quarter. Milestone Asset Management LLC’s holdings in VanEck Semiconductor ETF were worth $1,141,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Hall Capital Management Co. Inc. grew its holdings in shares of VanEck Semiconductor ETF by 0.3% during the second quarter. Hall Capital Management Co. Inc. now owns 12,867 shares of the company’s stock worth $3,588,000 after buying an additional 37 shares in the last quarter. FSA Advisors Inc. boosted its position in shares of VanEck Semiconductor ETF by 3.9% in the second quarter. FSA Advisors Inc. now owns 1,037 shares of the company’s stock worth $289,000 after acquiring an additional 39 shares during the last quarter. Delos Wealth Advisors LLC grew its holdings in VanEck Semiconductor ETF by 0.6% in the first quarter. Delos Wealth Advisors LLC now owns 7,402 shares of the company’s stock valued at $1,565,000 after purchasing an additional 43 shares during the period. Hazlett Burt & Watson Inc. raised its stake in VanEck Semiconductor ETF by 61.1% during the second quarter. Hazlett Burt & Watson Inc. now owns 116 shares of the company’s stock worth $31,000 after purchasing an additional 44 shares during the period. Finally, Sound View Wealth Advisors Group LLC boosted its holdings in shares of VanEck Semiconductor ETF by 1.3% in the 1st quarter. Sound View Wealth Advisors Group LLC now owns 3,511 shares of the company’s stock valued at $742,000 after purchasing an additional 46 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

SMH opened at $366.10 on Tuesday. VanEck Semiconductor ETF has a 1 year low of $170.11 and a 1 year high of $372.78. The firm has a 50 day moving average price of $325.22 and a 200 day moving average price of $284.09. The company has a market cap of $36.75 billion, a PE ratio of 34.83 and a beta of 1.52.

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.