Perennial Investment Advisors LLC Has $1.17 Million Stock Holdings in VanEck Semiconductor ETF $SMH

Perennial Investment Advisors LLC boosted its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 8.9% during the 2nd quarter, HoldingsChannel reports. The fund owned 4,176 shares of the company’s stock after buying an additional 340 shares during the quarter. Perennial Investment Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $1,165,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Smithfield Trust Co increased its position in shares of VanEck Semiconductor ETF by 16.6% during the second quarter. Smithfield Trust Co now owns 253 shares of the company’s stock valued at $71,000 after purchasing an additional 36 shares during the period. Hall Capital Management Co. Inc. boosted its stake in VanEck Semiconductor ETF by 0.3% during the second quarter. Hall Capital Management Co. Inc. now owns 12,867 shares of the company’s stock worth $3,588,000 after buying an additional 37 shares in the last quarter. FSA Advisors Inc. increased its holdings in VanEck Semiconductor ETF by 3.9% in the 2nd quarter. FSA Advisors Inc. now owns 1,037 shares of the company’s stock valued at $289,000 after buying an additional 39 shares during the period. Delos Wealth Advisors LLC raised its position in VanEck Semiconductor ETF by 0.6% in the first quarter. Delos Wealth Advisors LLC now owns 7,402 shares of the company’s stock worth $1,565,000 after purchasing an additional 43 shares in the last quarter. Finally, Hazlett Burt & Watson Inc. raised its holdings in shares of VanEck Semiconductor ETF by 61.1% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 116 shares of the company’s stock worth $31,000 after buying an additional 44 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ SMH opened at $333.29 on Wednesday. VanEck Semiconductor ETF has a 52-week low of $170.11 and a 52-week high of $372.78. The stock has a market cap of $33.46 billion, a PE ratio of 34.83 and a beta of 1.52. The business has a fifty day moving average of $337.54 and a two-hundred day moving average of $295.25.

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.