Legacy Financial Strategies LLC Has $341,000 Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Legacy Financial Strategies LLC lifted its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 14.9% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,388 shares of the company’s stock after acquiring an additional 180 shares during the period. Legacy Financial Strategies LLC’s holdings in VanEck Semiconductor ETF were worth $341,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. PNC Financial Services Group Inc. raised its holdings in VanEck Semiconductor ETF by 36.6% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,471 shares of the company’s stock worth $607,000 after buying an additional 930 shares during the last quarter. Banque Cantonale Vaudoise grew its stake in shares of VanEck Semiconductor ETF by 31.3% in the 1st quarter. Banque Cantonale Vaudoise now owns 630 shares of the company’s stock worth $142,000 after acquiring an additional 150 shares in the last quarter. Wedmont Private Capital bought a new stake in shares of VanEck Semiconductor ETF in the 1st quarter worth $227,000. Marcum Wealth LLC bought a new stake in shares of VanEck Semiconductor ETF in the 1st quarter worth $210,000. Finally, MJP Associates Inc. ADV bought a new position in VanEck Semiconductor ETF during the first quarter valued at about $289,000.

VanEck Semiconductor ETF Stock Down 0.0 %

SMH traded down $0.07 during trading on Friday, hitting $251.51. 3,720,736 shares of the company traded hands, compared to its average volume of 8,251,388. The firm has a market cap of $24.75 billion, a P/E 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 stock’s fifty day moving average is $241.46 and its 200 day moving average is $240.56.

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.