VanEck Semiconductor ETF (NASDAQ:SMH) Shares Bought by LPL Financial LLC

LPL Financial LLC boosted its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 20.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,629,628 shares of the company’s stock after acquiring an additional 281,252 shares during the quarter. LPL Financial LLC owned 1.81% of VanEck Semiconductor ETF worth $424,844,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Silicon Valley Capital Partners purchased a new position in shares of VanEck Semiconductor ETF during the 1st quarter valued at approximately $25,000. Chilton Capital Management LLC acquired a new stake in shares of VanEck Semiconductor ETF in the second quarter valued at about $26,000. Innealta Capital LLC purchased a new position in VanEck Semiconductor ETF in the 2nd quarter worth approximately $28,000. TD Capital Management LLC acquired a new position in VanEck Semiconductor ETF in the second quarter valued at about $29,000. Finally, Creekmur Asset Management LLC purchased a new stake in VanEck Semiconductor ETF in the fourth quarter valued at approximately $30,000.

VanEck Semiconductor ETF Stock Up 0.9 %

VanEck Semiconductor ETF stock opened at $221.94 on Wednesday. VanEck Semiconductor ETF has a 52-week low of $136.10 and a 52-week high of $283.07. The firm has a market cap of $19.96 billion, a PE ratio of 18.82 and a beta of 1.35. The company’s 50 day moving average is $243.90 and its two-hundred day moving average is $236.28.

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.