VanEck Semiconductor ETF $SMH Shares Newly Acquired by M Holdings Securities Inc.

M Holdings Securities Inc. purchased a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 4,424 shares of the company’s stock, valued at approximately $2,466,000.

Other institutional investors have also added to or reduced their stakes in the company. Allied Private Wealth LLC purchased a new position in shares of VanEck Semiconductor ETF in the 2nd quarter valued at approximately $26,000. MassMutual Private Wealth & Trust FSB acquired a new stake in VanEck Semiconductor ETF in the 2nd quarter worth approximately $30,000. Timbuktu Capital Management LLC acquired a new stake in VanEck Semiconductor ETF in the 2nd quarter worth approximately $33,000. Kings Path Partners LLC purchased a new stake in VanEck Semiconductor ETF during the 3rd quarter worth approximately $30,000. Finally, Alpine Bank Wealth Management purchased a new stake in VanEck Semiconductor ETF during the 3rd quarter worth approximately $39,000.

VanEck Semiconductor ETF Stock Performance

Shares of VanEck Semiconductor ETF stock opened at $463.96 on Monday. VanEck Semiconductor ETF has a 12-month low of $315.05 and a 12-month high of $671.83. The firm has a market capitalization of $60.19 billion, a price-to-earnings ratio of 34.83 and a beta of 1.78. The firm’s 50 day simple moving average is $565.60 and its two-hundred day simple moving average is $520.56.

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.