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

M Holdings Securities Inc. bought a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 4,424 shares of the company’s stock, valued at approximately $2,466,000.

A number of other large investors have also added to or reduced their stakes in the company. Avantax Planning Partners Inc. bought a new stake in shares of VanEck Semiconductor ETF in the 3rd quarter valued at about $678,000. Brighton Jones LLC purchased a new position in shares of VanEck Semiconductor ETF in the 3rd quarter worth approximately $2,899,000. J. Derek Lewis & Associates Inc. raised its stake in shares of VanEck Semiconductor ETF by 4.3% during the 3rd quarter. J. Derek Lewis & Associates Inc. now owns 1,362 shares of the company’s stock worth $830,000 after acquiring an additional 56 shares in the last quarter. Ethic Inc. bought a new position in shares of VanEck Semiconductor ETF during the 3rd quarter worth approximately $6,191,000. Finally, StoneX Group Inc. bought a new position in shares of VanEck Semiconductor ETF during the 3rd quarter worth approximately $5,703,000.

VanEck Semiconductor ETF Price Performance

NASDAQ:SMH opened at $463.96 on Monday. VanEck Semiconductor ETF has a 52 week low of $315.05 and a 52 week high of $671.83. The firm has a 50 day moving average of $565.60 and a 200 day moving average of $520.56. The stock has a market capitalization of $60.19 billion, a price-to-earnings ratio of 34.83 and a beta of 1.78.

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.