Lyell Wealth Management LP increased its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 2.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 60,221 shares of the company’s stock after buying an additional 1,570 shares during the quarter. VanEck Semiconductor ETF comprises approximately 1.3% of Lyell Wealth Management LP’s holdings, making the stock its 20th largest position. Lyell Wealth Management LP owned 0.06% of VanEck Semiconductor ETF worth $14,781,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in SMH. Mendota Financial Group LLC bought a new stake in shares of VanEck Semiconductor ETF during the third quarter valued at approximately $25,000. Chilton Capital Management LLC bought a new stake in VanEck Semiconductor ETF during the 2nd quarter valued at $26,000. Innealta Capital LLC acquired a new position in VanEck Semiconductor ETF during the 2nd quarter worth $28,000. TD Capital Management LLC bought a new position in shares of VanEck Semiconductor ETF in the second quarter worth $29,000. Finally, Pineridge Advisors LLC grew its stake in shares of VanEck Semiconductor ETF by 294.1% in the first quarter. Pineridge Advisors LLC now owns 134 shares of the company’s stock worth $30,000 after purchasing an additional 100 shares in the last quarter.
VanEck Semiconductor ETF Stock Up 1.2 %
Shares of NASDAQ SMH opened at $252.96 on Friday. The stock has a market cap of $24.89 billion, a P/E ratio of 18.82 and a beta of 1.35. The firm’s 50-day simple moving average is $242.73 and its 200 day simple moving average is $241.53. VanEck Semiconductor ETF has a fifty-two week low of $136.10 and a fifty-two week high of $283.07.
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.
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