VanEck Semiconductor ETF $SMH Stake Raised by Ashurst Perkins Coie Trust Co

Ashurst Perkins Coie Trust Co increased its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 4.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,574 shares of the company’s stock after buying an additional 946 shares during the quarter. VanEck Semiconductor ETF accounts for 2.4% of Ashurst Perkins Coie Trust Co’s portfolio, making the stock its 11th biggest holding. Ashurst Perkins Coie Trust Co’s holdings in VanEck Semiconductor ETF were worth $14,966,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Allied Private Wealth LLC acquired a new position in VanEck Semiconductor ETF in the 2nd quarter valued at approximately $26,000. MassMutual Private Wealth & Trust FSB bought a new stake in shares of VanEck Semiconductor ETF in the 2nd quarter worth approximately $30,000. Timbuktu Capital Management LLC acquired a new stake in shares of VanEck Semiconductor ETF during the 2nd quarter worth approximately $33,000. Trust Co. of Vermont acquired a new stake in shares of VanEck Semiconductor ETF during the 2nd quarter worth approximately $46,000. Finally, American National Bank & Trust grew its holdings in shares of VanEck Semiconductor ETF by 151.6% during the 3rd quarter. American National Bank & Trust now owns 78 shares of the company’s stock worth $48,000 after purchasing an additional 47 shares in the last quarter.

VanEck Semiconductor ETF Trading Down 4.0%

SMH opened at $564.74 on Thursday. The stock has a market cap of $68.05 billion, a PE ratio of 34.83 and a beta of 1.73. VanEck Semiconductor ETF has a 1 year low of $315.05 and a 1 year high of $671.83. The stock’s 50 day simple moving average is $579.83 and its 200-day simple moving average is $559.54.

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.