Sequoia Financial Advisors LLC Buys 544 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Sequoia Financial Advisors LLC lifted its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 21.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 3,027 shares of the company’s stock after purchasing an additional 544 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $743,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Calton & Associates Inc. bought a new stake in VanEck Semiconductor ETF during the 3rd quarter worth approximately $828,000. MPS Loria Financial Planners LLC grew its holdings in shares of VanEck Semiconductor ETF by 17.8% during the third quarter. MPS Loria Financial Planners LLC now owns 2,305 shares of the company’s stock worth $566,000 after purchasing an additional 349 shares during the last quarter. Foundations Investment Advisors LLC increased its stake in shares of VanEck Semiconductor ETF by 44.9% in the third quarter. Foundations Investment Advisors LLC now owns 157,983 shares of the company’s stock valued at $38,777,000 after buying an additional 48,932 shares in the last quarter. Venture Visionary Partners LLC increased its stake in shares of VanEck Semiconductor ETF by 30.2% in the third quarter. Venture Visionary Partners LLC now owns 2,024 shares of the company’s stock valued at $497,000 after buying an additional 470 shares in the last quarter. Finally, Trilogy Capital Inc. lifted its position in VanEck Semiconductor ETF by 12.2% during the 3rd quarter. Trilogy Capital Inc. now owns 1,861 shares of the company’s stock worth $457,000 after buying an additional 202 shares in the last quarter.

VanEck Semiconductor ETF Stock Up 1.2 %

Shares of NASDAQ:SMH opened at $252.96 on Friday. VanEck Semiconductor ETF has a 12 month low of $136.10 and a 12 month high of $283.07. The firm has a market cap of $24.89 billion, a P/E ratio of 18.82 and a beta of 1.35. The company’s 50-day moving average price is $242.73 and its two-hundred day moving average price is $241.66.

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.