Oppenheimer & Co. Inc. bought a new stake in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) during the 3rd quarter, HoldingsChannel reports. The fund bought 12,437 shares of the company’s stock, valued at approximately $7,574,000.
Several other hedge funds and other institutional investors also recently made changes to their positions in SMH. Park Avenue Securities LLC bought a new position in VanEck Semiconductor ETF in the third quarter valued at approximately $47,903,000. Segment Wealth Management LLC bought a new stake in VanEck Semiconductor ETF during the third quarter worth $7,215,000. Verdence Capital Advisors LLC lifted its stake in VanEck Semiconductor ETF by 19.4% during the third quarter. Verdence Capital Advisors LLC now owns 720 shares of the company’s stock worth $438,000 after purchasing an additional 117 shares during the last quarter. National Wealth Management Group LLC lifted its stake in VanEck Semiconductor ETF by 45.3% during the third quarter. National Wealth Management Group LLC now owns 796 shares of the company’s stock worth $485,000 after purchasing an additional 248 shares during the last quarter. Finally, Aegis Wealth Management Inc. lifted its stake in VanEck Semiconductor ETF by 44.2% during the third quarter. Aegis Wealth Management Inc. now owns 806 shares of the company’s stock worth $491,000 after purchasing an additional 247 shares during the last quarter.
VanEck Semiconductor ETF Stock Performance
Shares of SMH stock opened at $567.67 on Thursday. The stock’s fifty day moving average price is $573.40 and its two-hundred day moving average price is $516.67. The company has a market cap of $71.72 billion, a PE ratio of 34.83 and a beta of 1.73. VanEck Semiconductor ETF has a fifty-two week low of $315.05 and a fifty-two week high of $671.83.
VanEck Semiconductor ETF Company 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.
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