Garden State Investment Advisory Services LLC Grows Stock Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Garden State Investment Advisory Services LLC boosted its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 3.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 13,769 shares of the company’s stock after acquiring an additional 508 shares during the period. VanEck Semiconductor ETF accounts for about 1.2% of Garden State Investment Advisory Services LLC’s portfolio, making the stock its 22nd largest holding. Garden State Investment Advisory Services LLC’s holdings in VanEck Semiconductor ETF were worth $3,590,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. SG Americas Securities LLC lifted its holdings in shares of VanEck Semiconductor ETF by 101.1% in the 2nd quarter. SG Americas Securities LLC now owns 13,898 shares of the company’s stock worth $3,623,000 after acquiring an additional 1,270,998 shares during the last quarter. Jane Street Group LLC boosted its holdings in VanEck Semiconductor ETF by 20.9% during the 1st quarter. Jane Street Group LLC now owns 6,044,932 shares of the company’s stock valued at $1,360,049,000 after acquiring an additional 1,045,570 shares during the period. Migdal Insurance & Financial Holdings Ltd. lifted its position in shares of 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 worth $246,144,000 after purchasing an additional 494,164 shares in the last quarter. Liberty Wealth Management LLC increased its stake in 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 buying an additional 436,853 shares during the period. Finally, LPL Financial LLC lifted its holdings 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 buying an additional 281,252 shares in the last quarter.

VanEck Semiconductor ETF Stock Down 1.3 %

Shares of SMH stock opened at $237.90 on Friday. The firm has a 50 day moving average of $237.84 and a two-hundred day moving average of $237.15. The stock has a market capitalization of $21.40 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 52 week low of $136.10 and a 52 week high of $283.07.

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.