Yarbrough Capital LLC Increases Stake in VanEck Semiconductor ETF (NASDAQ:SMH)

Yarbrough Capital LLC increased its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 40.4% in the first quarter, Holdings Channel.com reports. The firm owned 81,148 shares of the company’s stock after acquiring an additional 23,360 shares during the period. VanEck Semiconductor ETF makes up approximately 0.7% of Yarbrough Capital LLC’s investment portfolio, making the stock its 22nd biggest position. Yarbrough Capital LLC’s holdings in VanEck Semiconductor ETF were worth $17,160,000 as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in the company. Miracle Mile Advisors LLC boosted its position in VanEck Semiconductor ETF by 30.8% during the 1st quarter. Miracle Mile Advisors LLC now owns 5,302 shares of the company’s stock valued at $1,121,000 after buying an additional 1,249 shares during the period. RDA Financial Network boosted its position in VanEck Semiconductor ETF by 30.8% during the 1st quarter. RDA Financial Network now owns 1,424 shares of the company’s stock valued at $301,000 after buying an additional 335 shares during the period. Perkins Coie Trust Co boosted its position in VanEck Semiconductor ETF by 0.3% during the 1st quarter. Perkins Coie Trust Co now owns 23,769 shares of the company’s stock valued at $5,026,000 after buying an additional 72 shares during the period. Piscataqua Savings Bank boosted its position in VanEck Semiconductor ETF by 1.4% during the 1st quarter. Piscataqua Savings Bank now owns 5,988 shares of the company’s stock valued at $1,266,000 after buying an additional 80 shares during the period. Finally, WealthBridge Investment Counsel Inc. boosted its position in VanEck Semiconductor ETF by 83.8% during the 1st quarter. WealthBridge Investment Counsel Inc. now owns 7,240 shares of the company’s stock valued at $1,531,000 after buying an additional 3,300 shares during the period.

VanEck Semiconductor ETF Stock Up 0.6%

Shares of SMH opened at $252.73 on Friday. The stock has a market capitalization of $23.77 billion, a P/E ratio of 30.48 and a beta of 1.45. The firm has a fifty day simple moving average of $219.82 and a two-hundred day simple moving average of $234.17. VanEck Semiconductor ETF has a twelve month low of $170.11 and a twelve month high of $283.07.

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.