J.Safra Asset Management Corp Acquires 1,223 Shares of VanEck Semiconductor ETF $SMH

J.Safra Asset Management Corp increased its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 1.2% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 101,609 shares of the company’s stock after purchasing an additional 1,223 shares during the period. VanEck Semiconductor ETF makes up about 2.0% of J.Safra Asset Management Corp’s investment portfolio, making the stock its 15th largest position. J.Safra Asset Management Corp’s holdings in VanEck Semiconductor ETF were worth $28,290,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Grove Bank & Trust bought a new stake in VanEck Semiconductor ETF in the second quarter worth $25,000. Trust Co. of Toledo NA OH bought a new stake in VanEck Semiconductor ETF in the second quarter worth $25,000. UMB Bank n.a. bought a new stake in VanEck Semiconductor ETF in the second quarter worth $28,000. Hilltop National Bank bought a new position in VanEck Semiconductor ETF during the second quarter valued at $28,000. Finally, Hazlett Burt & Watson Inc. increased its position in VanEck Semiconductor ETF by 61.1% during the second quarter. Hazlett Burt & Watson Inc. now owns 116 shares of the company’s stock valued at $31,000 after acquiring an additional 44 shares during the last quarter.

VanEck Semiconductor ETF Stock Up 4.4%

SMH stock opened at $339.75 on Tuesday. VanEck Semiconductor ETF has a twelve month low of $170.11 and a twelve month high of $348.53. The stock has a market capitalization of $33.82 billion, a price-to-earnings ratio of 34.83 and a beta of 1.35. The firm’s fifty day simple moving average is $307.81 and its two-hundred day simple moving average is $267.39.

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.