Prospera Financial Services Inc Acquires 16,957 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Prospera Financial Services Inc raised its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 50.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 50,495 shares of the company’s stock after acquiring an additional 16,957 shares during the quarter. Prospera Financial Services Inc’s holdings in VanEck Semiconductor ETF were worth $12,393,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in SMH. Piscataqua Savings Bank boosted its stake in VanEck Semiconductor ETF by 1.0% in the second quarter. Piscataqua Savings Bank now owns 4,050 shares of the company’s stock valued at $1,056,000 after acquiring an additional 41 shares in the last quarter. Nvwm LLC boosted its position in shares of VanEck Semiconductor ETF by 2.2% in the 3rd quarter. Nvwm LLC now owns 1,867 shares of the company’s stock worth $458,000 after purchasing an additional 41 shares in the last quarter. Prime Capital Investment Advisors LLC grew its stake in VanEck Semiconductor ETF by 4.3% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 1,011 shares of the company’s stock worth $248,000 after buying an additional 42 shares during the last quarter. Allworth Financial LP increased its position in VanEck Semiconductor ETF by 5.1% during the 3rd quarter. Allworth Financial LP now owns 892 shares of the company’s stock valued at $219,000 after buying an additional 43 shares in the last quarter. Finally, Clarity Capital Partners LLC raised its stake in VanEck Semiconductor ETF by 2.8% in the third quarter. Clarity Capital Partners LLC now owns 1,590 shares of the company’s stock valued at $390,000 after buying an additional 44 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ SMH opened at $241.54 on Tuesday. VanEck Semiconductor ETF has a fifty-two week low of $156.56 and a fifty-two week high of $283.07. The company has a market cap of $23.93 billion, a PE ratio of 18.82 and a beta of 1.35. The business has a 50-day simple moving average of $246.59 and a two-hundred day simple moving average of $245.95.

About VanEck Semiconductor ETF

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.