Premier Path Wealth Partners LLC Has $358,000 Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Premier Path Wealth Partners LLC reduced its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 3.1% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,375 shares of the company’s stock after selling 44 shares during the quarter. Premier Path Wealth Partners LLC’s holdings in VanEck Semiconductor ETF were worth $358,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of SMH. Silicon Valley Capital Partners acquired a new stake in shares of VanEck Semiconductor ETF during the 1st quarter worth approximately $25,000. Olistico Wealth LLC purchased a new position in VanEck Semiconductor ETF during the second quarter worth about $31,000. Pineridge Advisors LLC grew its holdings in shares of VanEck Semiconductor ETF by 294.1% in the first quarter. Pineridge Advisors LLC now owns 134 shares of the company’s stock valued at $30,000 after acquiring an additional 100 shares in the last quarter. Signature Resources Capital Management LLC purchased a new stake in shares of VanEck Semiconductor ETF during the 2nd quarter valued at $39,000. Finally, Hobbs Group Advisors LLC purchased a new stake in VanEck Semiconductor ETF during the second quarter worth about $41,000.

VanEck Semiconductor ETF Trading Up 2.5 %

Shares of NASDAQ:SMH traded up $5.97 during mid-day trading on Friday, reaching $248.39. The company had a trading volume of 6,922,914 shares, compared to its average volume of 8,520,102. VanEck Semiconductor ETF has a one year low of $136.10 and a one year high of $283.07. The company’s 50-day moving average price is $251.86 and its 200-day moving average price is $233.23. The firm has a market cap of $22.34 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35.

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.