Horizon Bancorp Inc. IN Invests $125,000 in VanEck Semiconductor ETF $SMH

Horizon Bancorp Inc. IN acquired a new position in VanEck Semiconductor ETF (NASDAQ:SMH) during the 2nd quarter, Holdings Channel.com reports. The institutional investor acquired 447 shares of the company’s stock, valued at approximately $125,000.

Several other institutional investors have also recently made changes to their positions in SMH. Hall Capital Management Co. Inc. grew its position in VanEck Semiconductor ETF by 0.3% in the 2nd quarter. Hall Capital Management Co. Inc. now owns 12,867 shares of the company’s stock valued at $3,588,000 after acquiring an additional 37 shares during the last quarter. Delos Wealth Advisors LLC grew its position in VanEck Semiconductor ETF by 0.6% in the 1st quarter. Delos Wealth Advisors LLC now owns 7,402 shares of the company’s stock valued at $1,565,000 after acquiring an additional 43 shares during the last quarter. Sound View Wealth Advisors Group LLC grew its position in VanEck Semiconductor ETF by 1.3% in the 1st quarter. Sound View Wealth Advisors Group LLC now owns 3,511 shares of the company’s stock valued at $742,000 after acquiring an additional 46 shares during the last quarter. Signature Estate & Investment Advisors LLC grew its position in VanEck Semiconductor ETF by 1.2% in the 1st quarter. Signature Estate & Investment Advisors LLC now owns 3,990 shares of the company’s stock valued at $844,000 after acquiring an additional 47 shares during the last quarter. Finally, GK Wealth Management LLC grew its position in VanEck Semiconductor ETF by 2.6% in the 2nd quarter. GK Wealth Management LLC now owns 1,889 shares of the company’s stock valued at $527,000 after acquiring an additional 47 shares during the last quarter.

VanEck Semiconductor ETF Stock Down 0.2%

Shares of VanEck Semiconductor ETF stock opened at $345.21 on Friday. The stock’s fifty day moving average is $305.99 and its two-hundred day moving average is $265.20. The company has a market capitalization of $34.12 billion, a PE ratio of 34.83 and a beta of 1.35. VanEck Semiconductor ETF has a 52 week low of $170.11 and a 52 week high of $348.53.

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.