VanEck Semiconductor ETF $SMH Shares Bought by Brookstone Capital Management

Brookstone Capital Management lifted its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 105.0% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 22,368 shares of the company’s stock after buying an additional 11,456 shares during the period. Brookstone Capital Management’s holdings in VanEck Semiconductor ETF were worth $6,238,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of SMH. D.A. Davidson & CO. grew its holdings in VanEck Semiconductor ETF by 27.7% during the second quarter. D.A. Davidson & CO. now owns 25,752 shares of the company’s stock worth $7,182,000 after acquiring an additional 5,580 shares during the period. Pacific Sun Financial Corp acquired a new stake in VanEck Semiconductor ETF in the 2nd quarter valued at about $263,000. Klingman & Associates LLC bought a new position in shares of VanEck Semiconductor ETF during the 2nd quarter valued at about $299,000. Phoenix Financial Ltd. grew its stake in shares of VanEck Semiconductor ETF by 273.2% in the 2nd quarter. Phoenix Financial Ltd. now owns 135,801 shares of the company’s stock worth $37,872,000 after purchasing an additional 99,409 shares during the last quarter. Finally, Princeton Global Asset Management LLC raised its holdings in shares of VanEck Semiconductor ETF by 31.5% in the 2nd quarter. Princeton Global Asset Management LLC now owns 852 shares of the company’s stock worth $238,000 after purchasing an additional 204 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

SMH stock opened at $344.80 on Friday. The firm has a market cap of $33.86 billion, a PE ratio of 34.83 and a beta of 1.35. VanEck Semiconductor ETF has a 12 month low of $170.11 and a 12 month high of $350.05. The firm has a 50 day simple moving average of $315.45 and a 200 day simple moving average of $274.31.

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.