Regal Investment Advisors LLC Has $2.29 Million Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Regal Investment Advisors LLC increased its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 15.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 8,771 shares of the company’s stock after buying an additional 1,203 shares during the quarter. Regal Investment Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $2,287,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in SMH. SG Americas Securities LLC raised its stake in VanEck Semiconductor ETF by 101.1% during the 2nd quarter. SG Americas Securities LLC now owns 13,898 shares of the company’s stock worth $3,623,000 after buying an additional 1,270,998 shares during the period. Jane Street Group LLC raised its stake 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 worth $1,360,049,000 after buying an additional 1,045,570 shares during the period. Migdal Insurance & Financial Holdings Ltd. raised its stake in VanEck Semiconductor ETF by 109.8% during the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 944,164 shares of the company’s stock worth $246,144,000 after buying an additional 494,164 shares during the period. Liberty Wealth Management LLC raised 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 raised its stake 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 during the period.

VanEck Semiconductor ETF Trading Down 0.9 %

Shares of VanEck Semiconductor ETF stock opened at $245.45 on Tuesday. The stock’s fifty day simple moving average is $236.05 and its 200 day simple moving average is $238.21. The company has a market capitalization of $22.08 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 12 month low of $136.10 and a 12 month 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.