Patriot Financial Group Insurance Agency LLC Acquires Shares of 1,166 VanEck Semiconductor ETF $SMH

Patriot Financial Group Insurance Agency LLC acquired a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) in the 1st quarter, HoldingsChannel reports. The fund acquired 1,166 shares of the company’s stock, valued at approximately $447,000.

A number of other hedge funds have also recently modified their holdings of SMH. AQR Capital Management LLC lifted its holdings in VanEck Semiconductor ETF by 4.8% in the first quarter. AQR Capital Management LLC now owns 2,381 shares of the company’s stock valued at $504,000 after acquiring an additional 109 shares during the period. Empowered Funds LLC grew its stake in shares of VanEck Semiconductor ETF by 32.5% during the 1st quarter. Empowered Funds LLC now owns 11,789 shares of the company’s stock worth $2,493,000 after purchasing an additional 2,890 shares during the period. EverSource Wealth Advisors LLC increased its holdings in shares of VanEck Semiconductor ETF by 28.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock valued at $133,000 after purchasing an additional 106 shares in the last quarter. First Trust Advisors LP purchased a new position in shares of VanEck Semiconductor ETF during the 2nd quarter valued at approximately $370,000. Finally, Gamco Investors INC. ET AL acquired a new position in shares of VanEck Semiconductor ETF in the 2nd quarter valued at $1,116,000.

Key Stories Impacting VanEck Semiconductor ETF

Here are the key news stories impacting VanEck Semiconductor ETF this week:

• Positive Sentiment: Semiconductor demand tied to the AI buildout remains strong, with articles highlighting ongoing hyperscaler spending and persistent memory shortages that could support chipmakers’ earnings and keep investor interest in the sector elevated.
• Positive Sentiment: Broader market coverage says chip stocks helped power Wall Street to a strong first-half finish, reinforcing the idea that semiconductors are still one of the market’s key growth trades. Dow rises 110 points as chip stocks power Wall Street to strong first-half finish
• Neutral Sentiment: Several new ETF comparison pieces are drawing attention to semiconductor funds such as SMH, which may keep the sector in focus but do not themselves change the fundamentals of the holdings.
• Negative Sentiment: KLA Corporation (a semiconductor equipment name often held in SMH) fell sharply after a sector-wide sell-off, as investors locked in gains following a record-breaking first half for semiconductors. Why KLA Corporation (KLAC) Stock Is Down Today
• Negative Sentiment: Leveraged and equal-weight semiconductor ETF headlines show some investors reassessing risk and return in the chip trade, a sign that momentum may be cooling after a big run-up.

VanEck Semiconductor ETF Price Performance

SMH opened at $620.46 on Thursday. The firm has a fifty day moving average price of $580.82 and a 200 day moving average price of $460.78. VanEck Semiconductor ETF has a 1 year low of $274.66 and a 1 year high of $671.83. The stock has a market cap of $72.09 billion, a P/E ratio of 34.83 and a beta of 1.72.

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.