Darden Wealth Group Inc Buys 90 Shares of VanEck Semiconductor ETF $SMH

Darden Wealth Group Inc raised its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 2.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,375 shares of the company’s stock after purchasing an additional 90 shares during the quarter. Darden Wealth Group Inc’s holdings in VanEck Semiconductor ETF were worth $941,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. M&T Bank Corp boosted its holdings in VanEck Semiconductor ETF by 7.2% in the 1st quarter. M&T Bank Corp now owns 1,601 shares of the company’s stock worth $339,000 after buying an additional 107 shares during the period. Fifth Third Bancorp boosted its stake in shares of VanEck Semiconductor ETF by 188.5% in the second quarter. Fifth Third Bancorp now owns 300 shares of the company’s stock worth $84,000 after acquiring an additional 196 shares during the period. Allspring Global Investments Holdings LLC boosted its stake in shares of VanEck Semiconductor ETF by 13.0% in the second quarter. Allspring Global Investments Holdings LLC now owns 3,469 shares of the company’s stock worth $967,000 after acquiring an additional 400 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in shares of VanEck Semiconductor ETF by 19.9% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 30,737 shares of the company’s stock worth $8,718,000 after purchasing an additional 5,092 shares in the last quarter. Finally, US Bancorp DE raised its stake in VanEck Semiconductor ETF by 6.4% during the 2nd quarter. US Bancorp DE now owns 5,049 shares of the company’s stock valued at $1,408,000 after purchasing an additional 302 shares during the period.

VanEck Semiconductor ETF Trading Up 1.8%

NASDAQ SMH opened at $351.14 on Friday. VanEck Semiconductor ETF has a 12 month low of $170.11 and a 12 month high of $352.94. The stock has a market cap of $34.99 billion, a PE ratio of 34.83 and a beta of 1.35. The stock’s 50 day moving average is $316.56 and its 200 day moving average is $276.16.

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.