198,296 Shares of VanEck Semiconductor ETF $SMH Acquired by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC acquired a new position in VanEck Semiconductor ETF (NASDAQ:SMH) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 198,296 shares of the company’s stock, valued at approximately $120,762,000. Commonwealth Equity Services LLC owned approximately 0.16% of VanEck Semiconductor ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Kaydan Wealth Management Inc. grew its stake in VanEck Semiconductor ETF by 3.6% in the third quarter. Kaydan Wealth Management Inc. now owns 520 shares of the company’s stock valued at $317,000 after purchasing an additional 18 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC boosted its holdings in shares of VanEck Semiconductor ETF by 0.6% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,472 shares of the company’s stock valued at $2,277,000 after buying an additional 21 shares in the last quarter. Lantern Wealth Advisors LLC grew its position in shares of VanEck Semiconductor ETF by 2.1% in the 3rd quarter. Lantern Wealth Advisors LLC now owns 1,030 shares of the company’s stock worth $627,000 after buying an additional 21 shares during the last quarter. JSF Financial LLC grew its position in shares of VanEck Semiconductor ETF by 2.7% in the 1st quarter. JSF Financial LLC now owns 1,071 shares of the company’s stock worth $411,000 after buying an additional 28 shares during the last quarter. Finally, Leigh Baldwin & CO. LLC raised its stake in shares of VanEck Semiconductor ETF by 2.1% during the 1st quarter. Leigh Baldwin & CO. LLC now owns 1,455 shares of the company’s stock worth $558,000 after acquiring an additional 30 shares in the last quarter.

VanEck Semiconductor ETF Trading Up 3.6%

Shares of SMH stock opened at $463.96 on Friday. The business’s fifty day simple moving average is $565.60 and its 200-day simple moving average is $520.56. The company has a market cap of $58.92 billion, a PE ratio of 34.83 and a beta of 1.78. VanEck Semiconductor ETF has a 12-month low of $315.05 and a 12-month high of $671.83.

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.