54,850 Shares in VanEck Semiconductor ETF $SMH Bought by Prudential PLC

Prudential PLC bought a new position in VanEck Semiconductor ETF (NASDAQ:SMH) during the 2nd quarter, Holdings Channel reports. The fund bought 54,850 shares of the company’s stock, valued at approximately $15,297,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Grove Bank & Trust acquired a new stake in shares of VanEck Semiconductor ETF in the second quarter valued at about $25,000. Trust Co. of Toledo NA OH bought a new stake in VanEck Semiconductor ETF during the 2nd quarter valued at approximately $25,000. Banque Transatlantique SA acquired a new stake in VanEck Semiconductor ETF in the 1st quarter valued at approximately $27,000. UMB Bank n.a. acquired a new stake in shares of VanEck Semiconductor ETF in the second quarter worth $28,000. Finally, Hilltop National Bank bought a new position in shares of VanEck Semiconductor ETF during the 2nd quarter worth about $28,000.

VanEck Semiconductor ETF Stock Up 1.8%

VanEck Semiconductor ETF stock opened at $339.44 on Thursday. The business has a 50 day moving average price of $338.31 and a two-hundred day moving average price of $295.55. The stock has a market cap of $34.08 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a 12 month low of $170.11 and a 12 month high of $372.78.

About VanEck Semiconductor ETF

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.