D.A. Davidson & CO. Acquires New Shares in VanEck Semiconductor ETF $SMH

D.A. Davidson & CO. acquired a new position in VanEck Semiconductor ETF (NASDAQ:SMH) in the third quarter, Holdings Channel reports. The fund acquired 10,525 shares of the company’s stock, valued at approximately $6,410,000.

A number of other large investors have also bought and sold shares of SMH. BOKF NA bought a new position in VanEck Semiconductor ETF in the 3rd quarter valued at $116,000. North Star Investment Management Corp. purchased a new stake in shares of VanEck Semiconductor ETF in the third quarter worth $273,000. Laurel Wealth Advisors LLC purchased a new stake in shares of VanEck Semiconductor ETF in the third quarter worth $71,000. Convergence Financial LLC bought a new stake in VanEck Semiconductor ETF during the third quarter valued at $339,000. Finally, WestEnd Advisors LLC bought a new stake in VanEck Semiconductor ETF during the third quarter valued at $4,663,000.

VanEck Semiconductor ETF Trading Down 7.0%

SMH stock opened at $522.49 on Friday. VanEck Semiconductor ETF has a 1-year low of $315.05 and a 1-year high of $671.83. The company’s 50 day moving average is $572.62 and its 200 day moving average is $518.19. The stock has a market cap of $66.59 billion, a price-to-earnings ratio of 34.83 and a beta of 1.73.

VanEck Semiconductor ETF Company 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.