1,232 Shares in VanEck Semiconductor ETF (NASDAQ:SMH) Acquired by Brass Tax Wealth Management Inc.

Brass Tax Wealth Management Inc. acquired a new position in VanEck Semiconductor ETF (NASDAQ:SMH) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 1,232 shares of the company’s stock, valued at approximately $302,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Franklin Resources Inc. boosted its holdings in shares of VanEck Semiconductor ETF by 3.4% in the third quarter. Franklin Resources Inc. now owns 1,539 shares of the company’s stock worth $402,000 after buying an additional 50 shares during the last quarter. Peapack Gladstone Financial Corp lifted its holdings in VanEck Semiconductor ETF by 8.8% during the third quarter. Peapack Gladstone Financial Corp now owns 12,134 shares of the company’s stock valued at $2,978,000 after purchasing an additional 977 shares in the last quarter. Synovus Financial Corp lifted its holdings in VanEck Semiconductor ETF by 234.4% during the third quarter. Synovus Financial Corp now owns 7,458 shares of the company’s stock valued at $1,830,000 after purchasing an additional 5,228 shares in the last quarter. PVG Asset Management Corp purchased a new position in VanEck Semiconductor ETF during the third quarter valued at approximately $335,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in VanEck Semiconductor ETF during the third quarter valued at approximately $430,000.

VanEck Semiconductor ETF Stock Up 1.3 %

NASDAQ:SMH traded up $3.16 during trading hours on Friday, hitting $246.53. 3,840,406 shares of the stock traded hands, compared to its average volume of 7,808,627. VanEck Semiconductor ETF has a 1 year low of $163.97 and a 1 year high of $283.07. The company has a market cap of $24.43 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. The stock has a 50 day moving average price of $248.56 and a 200 day moving average price of $247.67.

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.