Claro Advisors LLC Raises Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Claro Advisors LLC grew its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 5.1% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,867 shares of the company’s stock after purchasing an additional 333 shares during the quarter. Claro Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $1,686,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the stock. PNC Financial Services Group Inc. lifted its stake in VanEck Semiconductor ETF by 36.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,471 shares of the company’s stock valued at $607,000 after acquiring an additional 930 shares in the last quarter. Banque Cantonale Vaudoise lifted its position in shares of VanEck Semiconductor ETF by 31.3% during the first quarter. Banque Cantonale Vaudoise now owns 630 shares of the company’s stock valued at $142,000 after purchasing an additional 150 shares in the last quarter. Wedmont Private Capital purchased a new position in VanEck Semiconductor ETF during the first quarter worth about $227,000. Marcum Wealth LLC purchased a new position in VanEck Semiconductor ETF during the first quarter worth about $210,000. Finally, MJP Associates Inc. ADV bought a new stake in VanEck Semiconductor ETF in the 1st quarter worth about $289,000.

VanEck Semiconductor ETF Stock Down 0.0 %

VanEck Semiconductor ETF stock opened at $251.51 on Friday. VanEck Semiconductor ETF has a 52 week low of $136.10 and a 52 week high of $283.07. The company’s 50 day moving average price is $241.46 and its two-hundred day moving average price is $240.56. The stock has a market cap of $24.75 billion, a P/E ratio of 18.82 and a beta of 1.35.

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.