Burney Co. Acquires Shares of 920 VanEck Semiconductor ETF (NASDAQ:SMH)

Burney Co. bought a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 920 shares of the company’s stock, valued at approximately $207,000.

Several other institutional investors have also modified their holdings of the business. Macroview Investment Management LLC increased its position in shares of VanEck Semiconductor ETF by 245.2% in the 4th quarter. Macroview Investment Management LLC now owns 145 shares of the company’s stock worth $25,000 after purchasing an additional 103 shares during the last quarter. Silicon Valley Capital Partners bought a new stake in VanEck Semiconductor ETF in the first quarter valued at about $25,000. Creekmur Asset Management LLC acquired a new stake in VanEck Semiconductor ETF during the fourth quarter valued at approximately $30,000. Pineridge Advisors LLC lifted its holdings in VanEck Semiconductor ETF by 294.1% during the 1st quarter. Pineridge Advisors LLC now owns 134 shares of the company’s stock worth $30,000 after buying an additional 100 shares during the last quarter. Finally, FinTrust Capital Advisors LLC grew its position in shares of VanEck Semiconductor ETF by 31.8% in the 4th quarter. FinTrust Capital Advisors LLC now owns 232 shares of the company’s stock worth $41,000 after acquiring an additional 56 shares in the last quarter.

VanEck Semiconductor ETF Trading Down 5.4 %

SMH stock opened at $218.43 on Friday. The stock’s 50 day simple moving average is $256.89 and its 200 day simple moving average is $228.60. 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 $19.65 billion, a P/E ratio of 18.82 and a beta of 1.35.

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.