Prospera Financial Services Inc Boosts Stock Position in VanEck Semiconductor ETF $SMH

Prospera Financial Services Inc increased its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 9.9% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 62,878 shares of the company’s stock after purchasing an additional 5,687 shares during the period. Prospera Financial Services Inc owned approximately 0.07% of VanEck Semiconductor ETF worth $17,536,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Grove Bank & Trust purchased a new stake in shares of VanEck Semiconductor ETF during the second quarter worth about $25,000. Trust Co. of Toledo NA OH purchased a new position in shares of VanEck Semiconductor ETF in the 2nd quarter worth about $25,000. UMB Bank n.a. purchased a new position in VanEck Semiconductor ETF in the 2nd quarter worth approximately $28,000. Hilltop National Bank bought a new position in shares of VanEck Semiconductor ETF during the second quarter valued at $28,000. Finally, Fourth Dimension Wealth LLC purchased a new stake in VanEck Semiconductor ETF during the 2nd quarter valued at $28,000.

VanEck Semiconductor ETF Trading Down 0.8%

SMH opened at $348.12 on Friday. The firm’s 50 day simple moving average is $329.78 and its two-hundred day simple moving average is $287.30. The company has a market capitalization of $34.95 billion, a PE ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a 1-year low of $170.11 and a 1-year 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.