VanEck Semiconductor ETF (NASDAQ:SMH) Shares Bought by NorthRock Partners LLC

NorthRock Partners LLC boosted its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 179.5% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 2,404 shares of the company’s stock after acquiring an additional 1,544 shares during the quarter. NorthRock Partners LLC’s holdings in VanEck Semiconductor ETF were worth $590,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SMH. Mendota Financial Group LLC acquired a new stake in VanEck Semiconductor ETF during the 3rd quarter worth about $25,000. Chilton Capital Management LLC purchased a new position in shares of VanEck Semiconductor ETF during the 2nd quarter valued at about $26,000. Innealta Capital LLC purchased a new position in shares of VanEck Semiconductor ETF during the 2nd quarter valued at about $28,000. Financial Management Professionals Inc. purchased a new position in shares of VanEck Semiconductor ETF during the 3rd quarter valued at about $28,000. Finally, TD Capital Management LLC purchased a new position in shares of VanEck Semiconductor ETF during the 2nd quarter valued at about $29,000.

VanEck Semiconductor ETF Stock Performance

NASDAQ SMH opened at $248.31 on Wednesday. The stock has a 50-day simple moving average of $242.92 and a two-hundred day simple moving average of $243.43. The firm has a market capitalization of $24.61 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a fifty-two week low of $148.29 and a fifty-two week 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.