VanEck Semiconductor ETF (NASDAQ:SMH) Position Increased by Lyell Wealth Management LP

Lyell Wealth Management LP increased its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 4.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 58,651 shares of the company’s stock after acquiring an additional 2,707 shares during the period. VanEck Semiconductor ETF comprises approximately 1.5% of Lyell Wealth Management LP’s portfolio, making the stock its 17th biggest holding. Lyell Wealth Management LP owned about 0.07% of VanEck Semiconductor ETF worth $15,290,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Envestnet Asset Management Inc. raised its holdings in shares of VanEck Semiconductor ETF by 38.6% during the second quarter. Envestnet Asset Management Inc. now owns 387,637 shares of the company’s stock worth $101,057,000 after acquiring an additional 107,902 shares in the last quarter. Thoroughbred Financial Services LLC raised its holdings in shares of VanEck Semiconductor ETF by 72.1% during the second quarter. Thoroughbred Financial Services LLC now owns 6,433 shares of the company’s stock worth $1,677,000 after acquiring an additional 2,695 shares in the last quarter. Dai ichi Life Insurance Company Ltd acquired a new position in VanEck Semiconductor ETF during the second quarter worth $30,836,000. CoreCap Advisors LLC acquired a new position in VanEck Semiconductor ETF during the second quarter worth $1,296,000. Finally, HBK Sorce Advisory LLC increased its position in VanEck Semiconductor ETF by 25.7% during the second quarter. HBK Sorce Advisory LLC now owns 4,408 shares of the company’s stock worth $1,149,000 after buying an additional 900 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

VanEck Semiconductor ETF stock opened at $236.91 on Friday. The company has a market capitalization of $21.31 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a one year low of $136.10 and a one year high of $283.07. The company’s fifty day moving average price is $241.80 and its two-hundred day moving average price is $236.62.

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.