Procyon Advisors LLC Raises Holdings in VanEck Semiconductor ETF $SMH

Procyon Advisors LLC raised its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 75.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,329 shares of the company’s stock after purchasing an additional 1,000 shares during the period. Procyon Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $893,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in SMH. AQR Capital Management LLC grew its position in shares of VanEck Semiconductor ETF by 4.8% during the first quarter. AQR Capital Management LLC now owns 2,381 shares of the company’s stock worth $504,000 after buying an additional 109 shares in the last quarter. Empowered Funds LLC raised its holdings in VanEck Semiconductor ETF by 32.5% in the first quarter. Empowered Funds LLC now owns 11,789 shares of the company’s stock valued at $2,493,000 after acquiring an additional 2,890 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in VanEck Semiconductor ETF by 28.6% in the second quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock worth $133,000 after acquiring an additional 106 shares during the last quarter. First Trust Advisors LP purchased a new position in VanEck Semiconductor ETF in the second quarter worth approximately $370,000. Finally, Gamco Investors INC. ET AL purchased a new position in VanEck Semiconductor ETF in the second quarter worth approximately $1,116,000.

VanEck Semiconductor ETF Stock Up 2.5%

NASDAQ SMH opened at $600.31 on Wednesday. VanEck Semiconductor ETF has a 52 week low of $279.19 and a 52 week high of $671.83. The firm has a 50 day moving average of $599.06 and a two-hundred day moving average of $476.13. The stock has a market capitalization of $72.12 billion, a PE ratio of 34.83 and a beta of 1.71.

VanEck Semiconductor ETF News Roundup

Here are the key news stories impacting VanEck Semiconductor ETF this week:

• Positive Sentiment: AI-related commentary remains a key tailwind for semiconductor stocks, with one article arguing that a major “tectonic” AI shift is still underway and likely to keep demand strong for chipmakers held by SMH. The Tectonic AI Shift Is Here
• Positive Sentiment: Recent coverage on semiconductor-focused ETFs highlights ongoing investor interest in broad exposure to the chip sector, which can support flows into SMH. Should You Invest in the VanEck Semiconductor ETF (SMH)?
• Neutral Sentiment: Analyst-style ETF pieces on “which hot funds have staying power” and whether SMH is worth owning are likely to keep the ETF in focus, but they do not appear to introduce a major new catalyst. Which Hot Funds Have Staying Power? Should You Invest in the VanEck Semiconductor ETF (SMH)?
• Negative Sentiment: Market commentary points to renewed volatility in tech after Monday’s selloff, suggesting semiconductors could remain sensitive to macro headlines and risk-off trading. Earnings, CPI, Persian Gulf Roil Wall Street Pre-Bell; Asia Up, Europe Off
• Negative Sentiment: Articles warning that chip stocks may face pressure after Taiwan Semiconductor earnings and that recent gains in leveraged semis could be hard to sustain may weigh on sentiment for SMH. 5 Stocks That Can Win or Lose After Taiwan Semiconductor Earnings The 2 Pressure Points That Will Determine SOXL’s Next 12 Months

VanEck Semiconductor ETF 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.