Allspring Global Investments Holdings LLC Invests $418,000 in VanEck Semiconductor ETF (NASDAQ:SMH)

Allspring Global Investments Holdings LLC bought a new position in VanEck Semiconductor ETF (NASDAQ:SMH) during the third quarter, according to its most recent filing with the SEC. The firm bought 1,703 shares of the company’s stock, valued at approximately $418,000.

A number of other large investors also recently modified their holdings of the company. Piscataqua Savings Bank lifted its holdings in shares of VanEck Semiconductor ETF by 1.0% in the 2nd quarter. Piscataqua Savings Bank now owns 4,050 shares of the company’s stock worth $1,056,000 after purchasing an additional 41 shares in the last quarter. Macroview Investment Management LLC lifted its stake in VanEck Semiconductor ETF by 21.5% during the 2nd quarter. Macroview Investment Management LLC now owns 271 shares of the company’s stock valued at $71,000 after acquiring an additional 48 shares in the last quarter. WealthCare Investment Partners LLC lifted its stake in VanEck Semiconductor ETF by 2.9% during the 3rd quarter. WealthCare Investment Partners LLC now owns 1,856 shares of the company’s stock valued at $461,000 after acquiring an additional 52 shares in the last quarter. Choreo LLC lifted its stake in VanEck Semiconductor ETF by 1.1% during the 1st quarter. Choreo LLC now owns 4,891 shares of the company’s stock valued at $1,100,000 after acquiring an additional 54 shares in the last quarter. Finally, Cascade Investment Group Inc. lifted its stake in VanEck Semiconductor ETF by 4.4% during the 2nd quarter. Cascade Investment Group Inc. now owns 1,324 shares of the company’s stock valued at $345,000 after acquiring an additional 56 shares in the last quarter.

VanEck Semiconductor ETF Trading Up 1.3 %

Shares of NASDAQ:SMH opened at $244.75 on Friday. The stock’s fifty day simple moving average is $242.82 and its two-hundred day simple moving average is $242.63. VanEck Semiconductor ETF has a 1-year low of $144.29 and a 1-year high of $283.07. The stock has a market cap of $24.25 billion, a PE ratio of 18.82 and a beta of 1.35.

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.