Financial Freedom LLC Buys 5,964 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Financial Freedom LLC grew its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 46.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,897 shares of the company’s stock after buying an additional 5,964 shares during the period. VanEck Semiconductor ETF makes up about 2.5% of Financial Freedom LLC’s holdings, making the stock its 11th biggest holding. Financial Freedom LLC’s holdings in VanEck Semiconductor ETF were worth $4,638,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Piscataqua Savings Bank raised its holdings in shares of VanEck Semiconductor ETF by 1.0% during the 2nd quarter. Piscataqua Savings Bank now owns 4,050 shares of the company’s stock valued at $1,056,000 after buying an additional 41 shares in the last quarter. Allworth Financial LP raised its stake in shares of VanEck Semiconductor ETF by 5.1% during the third quarter. Allworth Financial LP now owns 892 shares of the company’s stock worth $219,000 after acquiring an additional 43 shares in the last quarter. Macroview Investment Management LLC lifted its holdings in shares of VanEck Semiconductor ETF by 21.5% in the 2nd quarter. Macroview Investment Management LLC now owns 271 shares of the company’s stock worth $71,000 after acquiring an additional 48 shares during the last quarter. WealthCare Investment Partners LLC boosted its stake in shares of VanEck Semiconductor ETF by 2.9% in the 3rd quarter. WealthCare Investment Partners LLC now owns 1,856 shares of the company’s stock valued at $461,000 after purchasing an additional 52 shares in the last quarter. Finally, Choreo LLC grew its holdings in shares of VanEck Semiconductor ETF by 1.1% during the 1st quarter. Choreo LLC now owns 4,891 shares of the company’s stock valued at $1,100,000 after purchasing an additional 54 shares during the last quarter.

VanEck Semiconductor ETF Trading Up 1.3 %

NASDAQ SMH opened at $244.75 on Friday. The firm has a market cap of $24.25 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 1-year low of $144.29 and a 1-year high of $283.07. The stock has a 50-day moving average of $242.82 and a 200-day moving average of $242.46.

VanEck Semiconductor ETF Company 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.