Newbridge Financial Services Group Inc. Has $5.17 Million Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Newbridge Financial Services Group Inc. lifted its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 42.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,832 shares of the company’s stock after purchasing an additional 5,941 shares during the period. VanEck Semiconductor ETF accounts for about 1.9% of Newbridge Financial Services Group Inc.’s investment portfolio, making the stock its 6th biggest holding. Newbridge Financial Services Group Inc.’s holdings in VanEck Semiconductor ETF were worth $5,170,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Jane Street Group LLC raised its position in shares of VanEck Semiconductor ETF by 20.9% in the first quarter. Jane Street Group LLC now owns 6,044,932 shares of the company’s stock valued at $1,360,049,000 after purchasing an additional 1,045,570 shares during the period. LPL Financial LLC lifted its position in VanEck Semiconductor ETF by 20.9% during the 2nd quarter. LPL Financial LLC now owns 1,629,628 shares of the company’s stock worth $424,844,000 after acquiring an additional 281,252 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. boosted its holdings in VanEck Semiconductor ETF by 109.8% during the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 944,164 shares of the company’s stock valued at $246,144,000 after acquiring an additional 494,164 shares during the period. Main Management ETF Advisors LLC increased its stake in shares of VanEck Semiconductor ETF by 2.6% in the second quarter. Main Management ETF Advisors LLC now owns 689,520 shares of the company’s stock worth $179,758,000 after purchasing an additional 17,340 shares during the period. Finally, Liberty Wealth Management LLC lifted its position in shares of VanEck Semiconductor ETF by 24,432.5% during the 2nd quarter. Liberty Wealth Management LLC now owns 438,641 shares of the company’s stock worth $114,354,000 after purchasing an additional 436,853 shares during the last quarter.

VanEck Semiconductor ETF Stock Down 2.7 %

SMH opened at $238.88 on Wednesday. VanEck Semiconductor ETF has a 12-month low of $136.10 and a 12-month high of $283.07. The firm has a market capitalization of $23.48 billion, a P/E ratio of 18.82 and a beta of 1.35. The stock’s 50 day moving average price is $235.73 and its two-hundred day moving average price is $238.35.

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.