VanEck Semiconductor ETF $SMH Shares Purchased by Sovran Advisors LLC

Sovran Advisors LLC grew its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMHFree Report) by 34.5% during the first quarter, Holdings Channel reports. The institutional investor owned 5,723 shares of the company’s stock after acquiring an additional 1,467 shares during the period. Sovran Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $2,194,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. WealthCollab LLC acquired a new position in shares of VanEck Semiconductor ETF during the fourth quarter valued at approximately $28,000. Investment Counsel Co. of Nevada acquired a new stake in VanEck Semiconductor ETF in the fourth quarter worth approximately $35,000. Core Wealth Advisors LLC acquired a new stake in VanEck Semiconductor ETF in the fourth quarter worth approximately $36,000. Jessup Wealth Management Inc bought a new position in VanEck Semiconductor ETF during the 4th quarter valued at $40,000. Finally, CENTRAL TRUST Co boosted its stake in VanEck Semiconductor ETF by 66.7% during the 4th quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock valued at $43,000 after purchasing an additional 48 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of SMH stock opened at $611.03 on Monday. VanEck Semiconductor ETF has a 1 year low of $279.19 and a 1 year high of $671.83. The stock has a market cap of $73.41 billion, a PE ratio of 34.83 and a beta of 1.71. The business’s fifty day moving average is $595.92 and its 200-day moving average is $472.90.

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VanEck Semiconductor ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for VanEck Semiconductor ETF (NASDAQ:SMH)

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