WBI Investments LLC Purchases 335 Shares of VanEck Semiconductor ETF $SMH

WBI Investments LLC increased its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 10.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,661 shares of the company’s stock after buying an additional 335 shares during the quarter. WBI Investments LLC’s holdings in VanEck Semiconductor ETF were worth $1,021,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of SMH. Nomura Asset Management Co. Ltd. boosted its holdings in VanEck Semiconductor ETF by 22.4% during the second quarter. Nomura Asset Management Co. Ltd. now owns 12,305 shares of the company’s stock worth $3,432,000 after purchasing an additional 2,250 shares during the last quarter. Cannon Advisors Inc. bought a new position in shares of VanEck Semiconductor ETF in the second quarter valued at $2,941,000. Y.D. More Investments Ltd raised its position in VanEck Semiconductor ETF by 10.5% during the second quarter. Y.D. More Investments Ltd now owns 17,003 shares of the company’s stock worth $4,742,000 after acquiring an additional 1,616 shares in the last quarter. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management acquired a new position in shares of VanEck Semiconductor ETF during the 2nd quarter worth about $17,096,000. Finally, Western Wealth Management LLC lifted its stake in VanEck Semiconductor ETF by 4.4% in the 2nd quarter. Western Wealth Management LLC now owns 12,760 shares of the company’s stock valued at $3,558,000 after purchasing an additional 535 shares during the last quarter.

VanEck Semiconductor ETF Stock Down 1.4%

SMH opened at $340.30 on Tuesday. The stock has a market cap of $34.16 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a 12-month low of $170.11 and a 12-month high of $372.78. The business has a 50 day moving average of $336.83 and a 200-day moving average of $294.44.

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.