Atlantic Union Bankshares Corp Purchases New Stake in VanEck Semiconductor ETF $SMH

Atlantic Union Bankshares Corp acquired a new position in VanEck Semiconductor ETF (NASDAQ:SMH) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 881 shares of the company’s stock, valued at approximately $246,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hall Capital Management Co. Inc. boosted its stake in shares of VanEck Semiconductor ETF by 0.3% in the 2nd quarter. Hall Capital Management Co. Inc. now owns 12,867 shares of the company’s stock valued at $3,588,000 after purchasing an additional 37 shares during the last quarter. FSA Advisors Inc. boosted its stake in VanEck Semiconductor ETF by 3.9% in the second quarter. FSA Advisors Inc. now owns 1,037 shares of the company’s stock valued at $289,000 after acquiring an additional 39 shares during the last quarter. Delos Wealth Advisors LLC grew its holdings in VanEck Semiconductor ETF by 0.6% during the 1st quarter. Delos Wealth Advisors LLC now owns 7,402 shares of the company’s stock worth $1,565,000 after acquiring an additional 43 shares during the period. Hazlett Burt & Watson Inc. raised its position in shares of VanEck Semiconductor ETF by 61.1% during the 2nd 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. Finally, Sound View Wealth Advisors Group LLC lifted its stake in shares of VanEck Semiconductor ETF by 1.3% in the 1st quarter. Sound View Wealth Advisors Group LLC now owns 3,511 shares of the company’s stock valued at $742,000 after purchasing an additional 46 shares during the period.

VanEck Semiconductor ETF Stock Down 0.8%

NASDAQ:SMH opened at $348.12 on Monday. VanEck Semiconductor ETF has a 12-month low of $170.11 and a 12-month high of $372.78. The stock’s fifty day simple moving average is $329.78 and its 200-day simple moving average is $288.60. The firm has a market capitalization of $34.95 billion, a P/E ratio of 34.83 and a beta of 1.52.

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.