VanEck Semiconductor ETF $SMH Shares Purchased by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. boosted its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 23.0% in the 4th quarter, Holdings Channel reports. The firm owned 10,711 shares of the company’s stock after buying an additional 2,000 shares during the quarter. PNC Financial Services Group Inc.’s holdings in VanEck Semiconductor ETF were worth $3,857,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Alpha Cubed Investments LLC increased its holdings in VanEck Semiconductor ETF by 2.5% in the 3rd quarter. Alpha Cubed Investments LLC now owns 1,170 shares of the company’s stock valued at $382,000 after purchasing an additional 28 shares in the last quarter. Hazlett Burt & Watson Inc. increased its holdings in VanEck Semiconductor ETF by 24.1% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 144 shares of the company’s stock valued at $46,000 after purchasing an additional 28 shares in the last quarter. Armstrong Advisory Group Inc. increased its holdings in VanEck Semiconductor ETF by 1.8% in the 4th quarter. Armstrong Advisory Group Inc. now owns 1,624 shares of the company’s stock valued at $585,000 after purchasing an additional 29 shares in the last quarter. Ritholtz Wealth Management increased its holdings in VanEck Semiconductor ETF by 0.6% in the 4th quarter. Ritholtz Wealth Management now owns 5,084 shares of the company’s stock valued at $1,831,000 after purchasing an additional 32 shares in the last quarter. Finally, Retirement Planning Co of New England Inc. increased its holdings in VanEck Semiconductor ETF by 4.2% in the 3rd quarter. Retirement Planning Co of New England Inc. now owns 864 shares of the company’s stock valued at $282,000 after purchasing an additional 35 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ SMH opened at $576.32 on Tuesday. VanEck Semiconductor ETF has a 12-month low of $234.59 and a 12-month high of $582.50. The company has a market cap of $66.96 billion, a P/E ratio of 34.83 and a beta of 1.70. The stock has a fifty day moving average price of $467.28 and a 200 day moving average price of $409.95.

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.