VanEck Semiconductor ETF (NASDAQ:SMH) Shares Purchased by L & S Advisors Inc

L & S Advisors Inc lifted its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 51.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,644 shares of the company’s stock after acquiring an additional 900 shares during the period. L & S Advisors Inc’s holdings in VanEck Semiconductor ETF were worth $649,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Mendota Financial Group LLC acquired a new stake in VanEck Semiconductor ETF in the third quarter worth approximately $25,000. Chilton Capital Management LLC acquired a new stake in shares of VanEck Semiconductor ETF in the second quarter valued at $26,000. Innealta Capital LLC bought a new position in VanEck Semiconductor ETF during the second quarter valued at about $28,000. Financial Management Professionals Inc. acquired a new position in VanEck Semiconductor ETF during the third quarter worth about $28,000. Finally, TD Capital Management LLC bought a new stake in VanEck Semiconductor ETF in the second quarter worth about $29,000.

VanEck Semiconductor ETF Trading Up 1.5 %

NASDAQ:SMH opened at $246.10 on Friday. The company has a 50-day moving average of $247.46 and a 200-day moving average of $246.11. The firm has a market cap of $24.39 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a twelve month low of $156.56 and a twelve month high of $283.07.

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.