Cetera Investment Advisers Acquires 267,531 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Cetera Investment Advisers boosted its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 1,172.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 290,347 shares of the company’s stock after acquiring an additional 267,531 shares during the quarter. Cetera Investment Advisers owned 0.34% of VanEck Semiconductor ETF worth $65,325,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in SMH. Burney Co. bought a new position in shares of VanEck Semiconductor ETF during the 1st quarter worth approximately $207,000. Orleans Capital Management Corp LA lifted its position in shares of VanEck Semiconductor ETF by 3.5% during the 1st quarter. Orleans Capital Management Corp LA now owns 21,713 shares of the company’s stock worth $4,885,000 after buying an additional 726 shares in the last quarter. Atria Investments Inc lifted its position in shares of VanEck Semiconductor ETF by 135.7% during the 1st quarter. Atria Investments Inc now owns 17,161 shares of the company’s stock worth $3,861,000 after buying an additional 9,881 shares in the last quarter. LRI Investments LLC bought a new position in shares of VanEck Semiconductor ETF during the 1st quarter worth approximately $67,000. Finally, Kozak & Associates Inc. lifted its position in shares of VanEck Semiconductor ETF by 8.0% during the 1st quarter. Kozak & Associates Inc. now owns 54,314 shares of the company’s stock worth $12,612,000 after buying an additional 4,034 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of VanEck Semiconductor ETF stock traded down $12.58 during mid-day trading on Friday, hitting $218.43. 20,261,333 shares of the stock were exchanged, compared to its average volume of 8,487,828. VanEck Semiconductor ETF has a 12 month low of $136.10 and a 12 month high of $283.07. The company has a 50-day simple moving average of $256.89 and a 200 day simple moving average of $228.24. The company has a market capitalization of $19.65 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.