Hudock Inc. Buys 7,615 Shares of VanEck Semiconductor ETF $SMH

Hudock Inc. lifted its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 42.6% during the 2nd quarter, HoldingsChannel reports. The fund owned 25,474 shares of the company’s stock after purchasing an additional 7,615 shares during the period. VanEck Semiconductor ETF comprises approximately 1.1% of Hudock Inc.’s portfolio, making the stock its 20th largest holding. Hudock Inc.’s holdings in VanEck Semiconductor ETF were worth $7,104,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Grove Bank & Trust bought a new stake in VanEck Semiconductor ETF during the 2nd quarter worth approximately $25,000. Trust Co. of Toledo NA OH bought a new position in shares of VanEck Semiconductor ETF during the second quarter valued at $25,000. Banque Transatlantique SA acquired a new position in shares of VanEck Semiconductor ETF during the first quarter worth $27,000. UMB Bank n.a. acquired a new position in shares of VanEck Semiconductor ETF during the second quarter worth $28,000. Finally, Hilltop National Bank bought a new stake in shares of VanEck Semiconductor ETF in the second quarter worth $28,000.

VanEck Semiconductor ETF Stock Up 1.3%

NASDAQ SMH opened at $355.53 on Thursday. The company has a market capitalization of $35.69 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a twelve month low of $170.11 and a twelve month high of $372.78. The stock has a fifty day simple moving average of $333.82 and a 200 day simple moving average of $291.08.

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.