Claro Advisors LLC Raises Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Claro Advisors LLC boosted its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 149.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,138 shares of the company’s stock after buying an additional 3,075 shares during the quarter. Claro Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $1,156,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Fifth Third Securities Inc. increased its holdings in VanEck Semiconductor ETF by 1.3% during the first quarter. Fifth Third Securities Inc. now owns 45,583 shares of the company’s stock valued at $10,256,000 after buying an additional 563 shares during the period. Mirador Capital Partners LP purchased a new position in VanEck Semiconductor ETF during the first quarter valued at approximately $998,000. Dumont & Blake Investment Advisors LLC increased its holdings in VanEck Semiconductor ETF by 23.1% during the first quarter. Dumont & Blake Investment Advisors LLC now owns 7,876 shares of the company’s stock valued at $1,772,000 after buying an additional 1,480 shares during the period. Fox Hill Wealth Management increased its holdings in VanEck Semiconductor ETF by 1.6% during the first quarter. Fox Hill Wealth Management now owns 4,313 shares of the company’s stock valued at $970,000 after buying an additional 66 shares during the period. Finally, Winthrop Advisory Group LLC purchased a new position in VanEck Semiconductor ETF during the first quarter valued at approximately $201,000.

VanEck Semiconductor ETF Stock Up 0.1 %

SMH stock traded up $0.31 during trading on Monday, hitting $261.01. 6,185,165 shares of the company’s stock traded hands, compared to its average volume of 8,183,389. The firm has a market capitalization of $22.05 billion, a P/E ratio of 18.82 and a beta of 1.35. The business has a fifty day simple moving average of $239.98 and a two-hundred day simple moving average of $214.22. VanEck Semiconductor ETF has a 1 year low of $136.10 and a 1 year high of $279.57.

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.