Means Investment CO. Inc. Has $4.41 Million Stock Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Means Investment CO. Inc. grew its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 15.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 17,946 shares of the company’s stock after purchasing an additional 2,379 shares during the quarter. Means Investment CO. Inc.’s holdings in VanEck Semiconductor ETF were worth $4,405,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in SMH. New Century Financial Group LLC bought a new position in VanEck Semiconductor ETF during the 3rd quarter worth approximately $322,000. E&G Advisors LP raised its holdings in VanEck Semiconductor ETF by 8.3% in the third quarter. E&G Advisors LP now owns 2,629 shares of the company’s stock worth $645,000 after purchasing an additional 201 shares during the period. Legacy Financial Strategies LLC boosted its position in shares of VanEck Semiconductor ETF by 14.9% during the third quarter. Legacy Financial Strategies LLC now owns 1,388 shares of the company’s stock worth $341,000 after purchasing an additional 180 shares in the last quarter. Raymond James & Associates grew its holdings in shares of VanEck Semiconductor ETF by 30.4% in the 3rd quarter. Raymond James & Associates now owns 279,721 shares of the company’s stock valued at $68,658,000 after buying an additional 65,276 shares during the period. Finally, Capital Investment Advisors LLC increased its position in shares of VanEck Semiconductor ETF by 6.3% in the 3rd quarter. Capital Investment Advisors LLC now owns 1,098 shares of the company’s stock valued at $269,000 after buying an additional 65 shares in the last quarter.

VanEck Semiconductor ETF Trading Down 0.0 %

SMH stock opened at $251.51 on Friday. VanEck Semiconductor ETF has a 1-year low of $136.10 and a 1-year high of $283.07. The firm has a market cap of $24.75 billion, a PE ratio of 18.82 and a beta of 1.35. The business’s 50-day moving average price is $241.46 and its two-hundred day moving average price is $240.67.

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.