Snider Financial Group Grows Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Snider Financial Group raised its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 4.2% during the third quarter, Holdings Channel reports. The fund owned 3,390 shares of the company’s stock after buying an additional 137 shares during the period. Snider Financial Group’s holdings in VanEck Semiconductor ETF were worth $832,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in SMH. US Bancorp DE raised its position in shares of VanEck Semiconductor ETF by 8.6% during the first quarter. US Bancorp DE now owns 5,198 shares of the company’s stock valued at $1,170,000 after buying an additional 413 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in VanEck Semiconductor ETF in the first quarter worth about $477,000. Kingsview Wealth Management LLC purchased a new stake in VanEck Semiconductor ETF in the first quarter valued at approximately $3,614,000. HBK Sorce Advisory LLC raised its position in VanEck Semiconductor ETF by 79.0% during the first quarter. HBK Sorce Advisory LLC now owns 3,508 shares of the company’s stock valued at $789,000 after acquiring an additional 1,548 shares in the last quarter. Finally, Blair William & Co. IL grew its holdings in VanEck Semiconductor ETF by 10.8% in the first quarter. Blair William & Co. IL now owns 61,689 shares of the company’s stock valued at $13,879,000 after purchasing an additional 6,009 shares during the period.

VanEck Semiconductor ETF Trading Up 0.9 %

Shares of NASDAQ SMH opened at $249.80 on Thursday. The company has a 50-day moving average of $245.18 and a 200 day moving average of $245.09. VanEck Semiconductor ETF has a 12-month low of $156.56 and a 12-month high of $283.07. The stock has a market cap of $24.75 billion, a PE ratio of 18.82 and a beta of 1.35.

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.