Washington Growth Strategies LLC Makes New Investment in VanEck Semiconductor ETF $SMH

Washington Growth Strategies LLC acquired a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,680 shares of the company’s stock, valued at approximately $1,023,000.

A number of other large investors have also made changes to their positions in the stock. Schuylkill Financial LLC purchased a new stake in shares of VanEck Semiconductor ETF during the second quarter worth about $2,262,000. XML Financial LLC lifted its stake in shares of VanEck Semiconductor ETF by 4,002.7% during the second quarter. XML Financial LLC now owns 27,693 shares of the company’s stock valued at $18,164,000 after buying an additional 27,018 shares during the period. Markowski Investments purchased a new position in shares of VanEck Semiconductor ETF during the second quarter valued at approximately $656,000. Valued Retirements Inc. purchased a new position in shares of VanEck Semiconductor ETF during the second quarter valued at approximately $4,503,000. Finally, Atomic Invest LLC boosted its position in VanEck Semiconductor ETF by 1,015.3% during the second quarter. Atomic Invest LLC now owns 21,916 shares of the company’s stock worth $13,855,000 after acquiring an additional 19,951 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

SMH stock opened at $548.46 on Tuesday. The stock has a market capitalization of $66.96 billion, a P/E ratio of 34.83 and a beta of 1.73. VanEck Semiconductor ETF has a one year low of $315.05 and a one year high of $671.83. The company has a 50 day moving average price of $578.30 and a two-hundred day moving average price of $563.25.

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.