Darden Wealth Group Inc Acquires 90 Shares of VanEck Semiconductor ETF $SMH

Darden Wealth Group Inc raised its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 2.7% in the 2nd quarter, Holdings Channel.com reports. The firm owned 3,375 shares of the company’s stock after buying an additional 90 shares during the quarter. Darden Wealth Group Inc’s holdings in VanEck Semiconductor ETF were worth $941,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Goldman Sachs Group Inc. lifted its holdings in shares of VanEck Semiconductor ETF by 46.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,873,885 shares of the company’s stock valued at $607,740,000 after acquiring an additional 907,073 shares during the last quarter. Menora Mivtachim Holdings LTD. boosted its holdings in shares of VanEck Semiconductor ETF by 48.1% in the 1st quarter. Menora Mivtachim Holdings LTD. now owns 496,500 shares of the company’s stock worth $104,995,000 after purchasing an additional 161,350 shares during the period. Meitav Investment House Ltd. increased its position in shares of VanEck Semiconductor ETF by 26.0% during the 2nd quarter. Meitav Investment House Ltd. now owns 475,332 shares of the company’s stock valued at $132,605,000 after purchasing an additional 97,941 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of VanEck Semiconductor ETF by 24.3% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 447,294 shares of the company’s stock valued at $94,589,000 after purchasing an additional 87,395 shares during the last quarter. Finally, Cetera Investment Advisers raised its holdings in VanEck Semiconductor ETF by 4.8% during the 1st quarter. Cetera Investment Advisers now owns 389,916 shares of the company’s stock valued at $82,455,000 after buying an additional 17,940 shares during the period.

VanEck Semiconductor ETF Stock Up 1.8%

Shares of SMH opened at $351.14 on Friday. The business has a fifty day moving average of $316.56 and a 200 day moving average of $276.16. The company has a market cap of $34.99 billion, a PE ratio of 34.83 and a beta of 1.35. VanEck Semiconductor ETF has a 52-week low of $170.11 and a 52-week high of $352.94.

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.