Platte River Wealth Advisors LLC Acquires 105 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Platte River Wealth Advisors LLC increased its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 5.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,870 shares of the company’s stock after purchasing an additional 105 shares during the period. Platte River Wealth Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $459,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of SMH. Sandbox Financial Partners LLC increased its holdings in shares of VanEck Semiconductor ETF by 15.8% during the 3rd quarter. Sandbox Financial Partners LLC now owns 1,917 shares of the company’s stock valued at $470,000 after acquiring an additional 262 shares during the last quarter. Smith Anglin Financial LLC boosted its position in VanEck Semiconductor ETF by 6.7% during the third quarter. Smith Anglin Financial LLC now owns 3,500 shares of the company’s stock worth $859,000 after purchasing an additional 221 shares during the period. ZRC Wealth Management LLC grew its holdings in VanEck Semiconductor ETF by 13.9% during the third quarter. ZRC Wealth Management LLC now owns 639 shares of the company’s stock valued at $157,000 after purchasing an additional 78 shares during the last quarter. Chemung Canal Trust Co. bought a new position in shares of VanEck Semiconductor ETF in the third quarter valued at approximately $4,179,000. Finally, MRA Advisory Group acquired a new stake in shares of VanEck Semiconductor ETF in the third quarter worth $2,917,000.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ SMH traded up $0.40 during trading hours on Monday, hitting $248.22. 4,928,054 shares of the stock were exchanged, compared to its average volume of 8,368,460. The firm has a market capitalization of $23.81 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a one year low of $136.10 and a one year high of $283.07. The company’s 50 day moving average is $236.06 and its 200 day moving average is $238.90.

VanEck Semiconductor ETF 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.