Franklin Resources Inc. increased its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 3.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,539 shares of the company’s stock after acquiring an additional 50 shares during the quarter. Franklin Resources Inc.’s holdings in VanEck Semiconductor ETF were worth $402,000 at the end of the most recent quarter.
Several other hedge funds have also made changes to their positions in SMH. Chilton Capital Management LLC acquired a new stake in VanEck Semiconductor ETF in the second quarter worth $26,000. Mendota Financial Group LLC acquired a new stake in shares of VanEck Semiconductor ETF in the 3rd quarter worth about $25,000. TD Capital Management LLC acquired a new stake in shares of VanEck Semiconductor ETF in the 2nd quarter worth about $29,000. Financial Management Professionals Inc. bought a new stake in VanEck Semiconductor ETF in the 3rd quarter valued at about $28,000. Finally, Darwin Wealth Management LLC acquired a new position in VanEck Semiconductor ETF during the 3rd quarter valued at about $29,000.
VanEck Semiconductor ETF Trading Down 1.0 %
Shares of NASDAQ:SMH opened at $242.17 on Wednesday. The firm’s 50 day moving average is $247.28 and its two-hundred day moving average is $247.19. The firm has a market capitalization of $24.00 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 52 week low of $163.97 and a 52 week high of $283.07.
VanEck Semiconductor ETF Dividend Announcement
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.
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