Parallel Advisors LLC Has $6.26 Million Stock Position in VanEck Semiconductor ETF $SMH

Parallel Advisors LLC boosted its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMHFree Report) by 6.9% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 16,318 shares of the company’s stock after purchasing an additional 1,058 shares during the quarter. Parallel Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $6,256,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in SMH. WealthCollab LLC purchased a new position in shares of VanEck Semiconductor ETF in the fourth quarter worth approximately $28,000. Investment Counsel Co. of Nevada purchased a new stake in shares of VanEck Semiconductor ETF in the 4th quarter valued at approximately $35,000. Core Wealth Advisors LLC purchased a new stake in shares of VanEck Semiconductor ETF in the 4th quarter valued at approximately $36,000. Jessup Wealth Management Inc acquired a new position in VanEck Semiconductor ETF in the 4th quarter worth approximately $40,000. Finally, CENTRAL TRUST Co boosted its stake in VanEck Semiconductor ETF by 66.7% in the 4th quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock worth $43,000 after purchasing an additional 48 shares during the period.

VanEck Semiconductor ETF Stock Performance

NASDAQ SMH opened at $558.83 on Tuesday. VanEck Semiconductor ETF has a twelve month low of $279.19 and a twelve month high of $671.83. The stock has a market cap of $67.03 billion, a price-to-earnings ratio of 34.83 and a beta of 1.71. The firm’s 50 day moving average price is $599.90 and its two-hundred day moving average price is $481.89.

VanEck Semiconductor ETF News Roundup

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

VanEck Semiconductor ETF Profile

(Free Report)

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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Want to see what other hedge funds are holding SMH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Semiconductor ETF (NASDAQ:SMHFree Report).

Institutional Ownership by Quarter for VanEck Semiconductor ETF (NASDAQ:SMH)

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