Webster Bank N. A. Boosts Stake in VanEck Semiconductor ETF (NASDAQ:SMH)

Webster Bank N. A. grew its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 181.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 693 shares of the company’s stock after acquiring an additional 447 shares during the quarter. Webster Bank N. A.’s holdings in VanEck Semiconductor ETF were worth $181,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Choreo LLC boosted its position in VanEck Semiconductor ETF by 1.1% during the 1st quarter. Choreo LLC now owns 4,891 shares of the company’s stock worth $1,100,000 after purchasing an additional 54 shares during the period. FinTrust Capital Advisors LLC boosted its position in shares of VanEck Semiconductor ETF by 31.8% in the fourth quarter. FinTrust Capital Advisors LLC now owns 232 shares of the company’s stock worth $41,000 after buying an additional 56 shares during the period. Westside Investment Management Inc. grew its stake in shares of VanEck Semiconductor ETF by 0.9% in the first quarter. Westside Investment Management Inc. now owns 7,044 shares of the company’s stock valued at $1,585,000 after buying an additional 60 shares in the last quarter. Fox Hill Wealth Management raised its holdings in shares of VanEck Semiconductor ETF by 1.6% during the 1st quarter. Fox Hill Wealth Management now owns 4,313 shares of the company’s stock valued at $970,000 after buying an additional 66 shares during the period. Finally, WealthCare Investment Partners LLC lifted its position in VanEck Semiconductor ETF by 4.4% during the 1st quarter. WealthCare Investment Partners LLC now owns 1,817 shares of the company’s stock worth $409,000 after acquiring an additional 77 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

NASDAQ SMH traded down $0.06 on Friday, reaching $224.85. The company had a trading volume of 7,241,675 shares, compared to its average volume of 8,638,747. The firm has a market capitalization of $20.22 billion, a PE ratio of 18.82 and a beta of 1.35. The firm has a 50-day moving average of $254.28 and a 200-day moving average of $229.81. VanEck Semiconductor ETF has a 1 year low of $136.10 and a 1 year high of $283.07.

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.