Mission Wealth Management LP Purchases Shares of 803 VanEck Semiconductor ETF $SMH

Mission Wealth Management LP purchased a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 803 shares of the company’s stock, valued at approximately $224,000.

Other institutional investors have also bought and sold shares of the company. Grove Bank & Trust bought a new stake in VanEck Semiconductor ETF during the second quarter valued at $25,000. Trust Co. of Toledo NA OH bought a new stake in VanEck Semiconductor ETF during the second quarter valued at $25,000. UMB Bank n.a. bought a new stake in VanEck Semiconductor ETF during the second quarter valued at $28,000. Hilltop National Bank bought a new stake in VanEck Semiconductor ETF during the second quarter valued at $28,000. Finally, Hazlett Burt & Watson Inc. boosted its position in 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 acquiring an additional 44 shares during the last quarter.

VanEck Semiconductor ETF Trading Down 3.6%

Shares of SMH opened at $352.76 on Wednesday. The stock has a market capitalization of $35.41 billion, a P/E ratio of 34.83 and a beta of 1.52. The firm’s fifty day simple moving average is $326.34 and its two-hundred day simple moving average is $285.22. VanEck Semiconductor ETF has a 12 month low of $170.11 and a 12 month high of $372.78.

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.