Madrona Financial Services LLC purchased a new position in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 23,582 shares of the company’s stock, valued at approximately $14,362,000. VanEck Semiconductor ETF makes up approximately 2.2% of Madrona Financial Services LLC’s portfolio, making the stock its 17th biggest holding.
Several other large investors also recently modified their holdings of the business. Ascent Wealth Partners LLC acquired a new position in shares of VanEck Semiconductor ETF in the 3rd quarter valued at approximately $638,000. Lantern Wealth Advisors LLC increased its stake in VanEck Semiconductor ETF by 2.1% during the 3rd quarter. Lantern Wealth Advisors LLC now owns 1,030 shares of the company’s stock worth $627,000 after purchasing an additional 21 shares in the last quarter. Altura Wealth Advisors Inc. increased its stake in VanEck Semiconductor ETF by 9.1% during the 3rd quarter. Altura Wealth Advisors Inc. now owns 5,614 shares of the company’s stock worth $3,419,000 after purchasing an additional 467 shares in the last quarter. Manchester Capital Management LLC bought a new stake in VanEck Semiconductor ETF during the 3rd quarter worth approximately $61,000. Finally, Farmers & Merchants Investments Inc. bought a new stake in VanEck Semiconductor ETF during the 3rd quarter worth approximately $46,000.
VanEck Semiconductor ETF Stock Performance
Shares of SMH stock opened at $527.20 on Friday. The company has a market capitalization of $65.71 billion, a P/E ratio of 34.83 and a beta of 1.73. The company’s 50 day moving average price is $574.68 and its two-hundred day moving average price is $566.15. VanEck Semiconductor ETF has a 52 week low of $315.05 and a 52 week high of $671.83.
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.
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