American Institute for Advanced Investment Management LLP Acquires 811 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

American Institute for Advanced Investment Management LLP increased its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 14.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,533 shares of the company’s stock after purchasing an additional 811 shares during the period. VanEck Semiconductor ETF makes up approximately 1.1% of American Institute for Advanced Investment Management LLP’s portfolio, making the stock its 23rd biggest holding. American Institute for Advanced Investment Management LLP’s holdings in VanEck Semiconductor ETF were worth $1,604,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Chilton Capital Management LLC purchased a new position in VanEck Semiconductor ETF in the 2nd quarter worth approximately $26,000. Mendota Financial Group LLC bought a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter worth $25,000. Innealta Capital LLC purchased a new position in VanEck Semiconductor ETF in the second quarter worth $28,000. TD Capital Management LLC purchased a new stake in VanEck Semiconductor ETF during the second quarter valued at about $29,000. Finally, Olistico Wealth LLC purchased a new stake in VanEck Semiconductor ETF during the second quarter valued at about $31,000.

VanEck Semiconductor ETF Price Performance

SMH stock traded up $0.80 during mid-day trading on Thursday, hitting $249.81. 1,263,995 shares of the stock were exchanged, compared to its average volume of 8,157,865. The business has a fifty day moving average price of $242.54 and a 200 day moving average price of $241.27. VanEck Semiconductor ETF has a 12 month low of $136.10 and a 12 month high of $283.07. The stock has a market capitalization of $24.73 billion, a price-to-earnings 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.