SilverOak Wealth Management LLC purchased a new position in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) in the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 998 shares of the company’s stock, valued at approximately $608,000.
A number of other hedge funds and other institutional investors have also recently modified their holdings of SMH. Allied Private Wealth LLC purchased a new position in VanEck Semiconductor ETF during the second quarter valued at approximately $26,000. MassMutual Private Wealth & Trust FSB bought a new position in VanEck Semiconductor ETF in the second quarter worth approximately $30,000. Kings Path Partners LLC bought a new position in VanEck Semiconductor ETF in the third quarter worth approximately $30,000. Timbuktu Capital Management LLC purchased a new stake in VanEck Semiconductor ETF during the second quarter worth $33,000. Finally, Resources Management Corp CT ADV purchased a new stake in VanEck Semiconductor ETF during the first quarter worth $38,000.
VanEck Semiconductor ETF Stock Down 2.7%
VanEck Semiconductor ETF stock opened at $508.31 on Tuesday. The firm has a market cap of $65.08 billion, a P/E ratio of 34.83 and a beta of 1.73. The business has a fifty day moving average of $571.57 and a two-hundred day moving average of $518.77. VanEck Semiconductor ETF has a twelve month low of $315.05 and a twelve month high of $671.83.
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.
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