Joel Isaacson & Co. LLC Grows Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Joel Isaacson & Co. LLC boosted its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 1.3% in the third quarter, HoldingsChannel reports. The institutional investor owned 6,707 shares of the company’s stock after purchasing an additional 86 shares during the period. Joel Isaacson & Co. LLC’s holdings in VanEck Semiconductor ETF were worth $1,646,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SMH. Chilton Capital Management LLC purchased a new stake in VanEck Semiconductor ETF during the second quarter worth $26,000. Mendota Financial Group LLC acquired a new stake in VanEck Semiconductor ETF during the 3rd quarter worth about $25,000. Innealta Capital LLC purchased a new stake in VanEck Semiconductor ETF during the 2nd quarter valued at about $28,000. TD Capital Management LLC acquired a new position in shares of VanEck Semiconductor ETF in the second quarter valued at about $29,000. Finally, Olistico Wealth LLC acquired a new position in shares of VanEck Semiconductor ETF in the second quarter valued at about $31,000.

VanEck Semiconductor ETF Stock Performance

Shares of SMH stock opened at $252.96 on Friday. The stock’s 50-day simple moving average is $242.73 and its 200-day simple moving average is $241.53. The firm has a market capitalization of $24.89 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a fifty-two week low of $136.10 and a fifty-two week high of $283.07.

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.