Perkins Coie Trust Co Has $15.50 Million Position in VanEck Semiconductor ETF $SMH

Perkins Coie Trust Co decreased its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 8.7% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 23,628 shares of the company’s stock after selling 2,242 shares during the quarter. VanEck Semiconductor ETF accounts for about 2.6% of Perkins Coie Trust Co’s investment portfolio, making the stock its 10th largest position. Perkins Coie Trust Co’s holdings in VanEck Semiconductor ETF were worth $15,497,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of SMH. AQR Capital Management LLC lifted its position in shares of VanEck Semiconductor ETF by 4.8% during the 1st quarter. AQR Capital Management LLC now owns 2,381 shares of the company’s stock valued at $504,000 after acquiring an additional 109 shares during the last quarter. Empowered Funds LLC grew its holdings in shares of VanEck Semiconductor ETF by 32.5% in the 1st quarter. Empowered Funds LLC now owns 11,789 shares of the company’s stock worth $2,493,000 after acquiring an additional 2,890 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of VanEck Semiconductor ETF by 28.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock worth $133,000 after acquiring an additional 106 shares during the last quarter. First Trust Advisors LP acquired a new position in shares of VanEck Semiconductor ETF in the 2nd quarter worth $370,000. Finally, Gamco Investors INC. ET AL acquired a new stake in shares of VanEck Semiconductor ETF during the second quarter worth $1,116,000.

VanEck Semiconductor ETF Stock Down 2.3%

Shares of NASDAQ SMH opened at $569.41 on Tuesday. VanEck Semiconductor ETF has a 12 month low of $281.15 and a 12 month high of $671.83. The company has a market cap of $71.54 billion, a price-to-earnings ratio of 34.83 and a beta of 1.73. The business has a fifty day simple moving average of $594.72 and a 200-day simple moving average of $500.32.

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.