Creative Planning Purchases 1,099 Shares of VanEck Semiconductor ETF $SMH

Creative Planning grew its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 3.1% in the second quarter, according to its most recent filing with the SEC. The fund owned 36,415 shares of the company’s stock after acquiring an additional 1,099 shares during the quarter. Creative Planning’s holdings in VanEck Semiconductor ETF were worth $10,155,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. SG Americas Securities LLC raised its stake in VanEck Semiconductor ETF by 103.5% during the second quarter. SG Americas Securities LLC now owns 3,166 shares of the company’s stock valued at $883,000 after purchasing an additional 94,536 shares in the last quarter. Foundations Investment Advisors LLC increased its holdings in shares of VanEck Semiconductor ETF by 46.0% in the 2nd quarter. Foundations Investment Advisors LLC now owns 7,848 shares of the company’s stock worth $2,189,000 after buying an additional 2,471 shares during the last quarter. AJ Advisors LLC bought a new stake in shares of VanEck Semiconductor ETF in the 2nd quarter worth about $6,935,000. Evolution Wealth Advisors LLC raised its position in shares of VanEck Semiconductor ETF by 29.2% during the 2nd quarter. Evolution Wealth Advisors LLC now owns 5,086 shares of the company’s stock valued at $1,418,000 after buying an additional 1,150 shares in the last quarter. Finally, Allianz SE bought a new position in shares of VanEck Semiconductor ETF in the 2nd quarter valued at about $55,524,000.

VanEck Semiconductor ETF Trading Down 2.1%

SMH opened at $333.29 on Wednesday. The stock has a 50-day moving average of $337.54 and a 200 day moving average of $295.25. VanEck Semiconductor ETF has a 12 month low of $170.11 and a 12 month high of $372.78. The firm has a market cap of $33.46 billion, a P/E ratio of 34.83 and a beta of 1.52.

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.