1,421 Shares in VanEck Semiconductor ETF $SMH Bought by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI acquired a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) during the third quarter, Holdings Channel.com reports. The firm acquired 1,421 shares of the company’s stock, valued at approximately $865,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kaydan Wealth Management Inc. boosted its position in VanEck Semiconductor ETF by 3.6% during the third quarter. Kaydan Wealth Management Inc. now owns 520 shares of the company’s stock worth $317,000 after purchasing an additional 18 shares during the period. Berger Financial Group Inc boosted its holdings in shares of VanEck Semiconductor ETF by 1.3% during the 1st quarter. Berger Financial Group Inc now owns 1,659 shares of the company’s stock worth $636,000 after buying an additional 21 shares during the period. Pinnacle Wealth Management Advisory Group LLC boosted its holdings in shares of VanEck Semiconductor ETF by 0.6% during the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,472 shares of the company’s stock worth $2,277,000 after buying an additional 21 shares during the period. Lantern Wealth Advisors LLC boosted its holdings in shares of VanEck Semiconductor ETF by 2.1% during the 3rd quarter. Lantern Wealth Advisors LLC now owns 1,030 shares of the company’s stock worth $627,000 after buying an additional 21 shares during the period. Finally, Howe & Rusling Inc. grew its stake in VanEck Semiconductor ETF by 4.3% in the 1st quarter. Howe & Rusling Inc. now owns 612 shares of the company’s stock valued at $235,000 after buying an additional 25 shares during the last quarter.

VanEck Semiconductor ETF Trading Up 1.7%

NASDAQ:SMH opened at $567.67 on Thursday. VanEck Semiconductor ETF has a 1 year low of $315.05 and a 1 year high of $671.83. The firm’s fifty day simple moving average is $573.40 and its 200 day simple moving average is $516.67. The firm has a market capitalization of $71.72 billion, a PE ratio of 34.83 and a beta of 1.73.

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.