VanEck Semiconductor ETF (NASDAQ:SMH) Stock Price Up 0.1%

VanEck Semiconductor ETF (NASDAQ:SMH) shares were up 0.1% on Thursday . The stock traded as high as $235.39 and last traded at $233.66. Approximately 3,865,991 shares were traded during mid-day trading, a decline of 55% from the average daily volume of 8,517,115 shares. The stock had previously closed at $233.40.

VanEck Semiconductor ETF Stock Performance

The business’s 50-day moving average is $241.80 and its two-hundred day moving average is $236.43. The firm has a market capitalization of $21.31 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35.

Hedge Funds Weigh In On VanEck Semiconductor ETF

A number of large investors have recently modified their holdings of the company. Janney Montgomery Scott LLC raised its stake in shares of VanEck Semiconductor ETF by 10.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 50,522 shares of the company’s stock valued at $8,835,000 after acquiring an additional 4,821 shares in the last quarter. Sound View Wealth Advisors Group LLC lifted its holdings in VanEck Semiconductor ETF by 19.3% during the 4th quarter. Sound View Wealth Advisors Group LLC now owns 3,538 shares of the company’s stock valued at $619,000 after purchasing an additional 573 shares during the last quarter. Financial Advocates Investment Management increased its position in shares of VanEck Semiconductor ETF by 2.4% during the fourth quarter. Financial Advocates Investment Management now owns 7,443 shares of the company’s stock valued at $1,302,000 after buying an additional 176 shares during the period. Level Four Advisory Services LLC boosted its stake in shares of VanEck Semiconductor ETF by 4.0% during the fourth quarter. Level Four Advisory Services LLC now owns 23,106 shares of the company’s stock valued at $4,041,000 after purchasing an additional 899 shares during the period. Finally, PNC Financial Services Group Inc. increased its holdings in VanEck Semiconductor ETF by 36.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,471 shares of the company’s stock worth $607,000 after buying an additional 930 shares in the last quarter.

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.