Means Investment CO. Inc. Has $4.41 Million Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Means Investment CO. Inc. grew its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 15.3% in the third quarter, HoldingsChannel reports. The fund owned 17,946 shares of the company’s stock after acquiring an additional 2,379 shares during the period. Means Investment CO. Inc.’s holdings in VanEck Semiconductor ETF were worth $4,405,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in SMH. New Century Financial Group LLC bought a new stake in VanEck Semiconductor ETF during the 3rd quarter worth about $322,000. E&G Advisors LP increased its position in shares of VanEck Semiconductor ETF by 8.3% in the third quarter. E&G Advisors LP now owns 2,629 shares of the company’s stock valued at $645,000 after acquiring an additional 201 shares during the last quarter. Legacy Financial Strategies LLC raised its holdings in VanEck Semiconductor ETF by 14.9% during the third quarter. Legacy Financial Strategies LLC now owns 1,388 shares of the company’s stock worth $341,000 after acquiring an additional 180 shares in the last quarter. Raymond James & Associates boosted its position in VanEck Semiconductor ETF by 30.4% during the third quarter. Raymond James & Associates now owns 279,721 shares of the company’s stock valued at $68,658,000 after purchasing an additional 65,276 shares during the last quarter. Finally, Capital Investment Advisors LLC grew its stake in VanEck Semiconductor ETF by 6.3% in the third quarter. Capital Investment Advisors LLC now owns 1,098 shares of the company’s stock valued at $269,000 after purchasing an additional 65 shares in the last quarter.

VanEck Semiconductor ETF Stock Down 0.0 %

NASDAQ:SMH opened at $251.51 on Friday. The firm has a market capitalization of $24.75 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a twelve month low of $136.10 and a twelve month high of $283.07. The stock’s 50 day moving average price is $241.46 and its two-hundred day moving average price is $240.67.

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.