Petredis Investment Advisors LLC Raises Stock Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Petredis Investment Advisors LLC increased its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMHFree Report) by 28.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,645 shares of the company’s stock after purchasing an additional 6,633 shares during the period. VanEck Semiconductor ETF makes up 0.8% of Petredis Investment Advisors LLC’s holdings, making the stock its 28th biggest position. Petredis Investment Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $7,276,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in SMH. Silicon Valley Capital Partners acquired a new stake in VanEck Semiconductor ETF during the first quarter valued at $25,000. Mendota Financial Group LLC acquired a new stake in VanEck Semiconductor ETF during the third quarter valued at $25,000. Chilton Capital Management LLC acquired a new stake in VanEck Semiconductor ETF during the second quarter valued at $26,000. Innealta Capital LLC acquired a new stake in VanEck Semiconductor ETF during the second quarter valued at $28,000. Finally, TD Capital Management LLC acquired a new stake in VanEck Semiconductor ETF during the second quarter valued at $29,000.

VanEck Semiconductor ETF Stock Performance

SMH stock opened at $247.16 on Wednesday. The firm has a market cap of $24.21 billion, a PE ratio of 18.82 and a beta of 1.35. The firm’s fifty day moving average is $239.67 and its 200 day moving average is $240.27. VanEck Semiconductor ETF has a one year low of $136.10 and a one year high of $283.07.

VanEck Semiconductor ETF 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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