Pinnacle Financial Partners Inc Makes New Investment in VanEck Semiconductor ETF (NASDAQ:SMH)

Pinnacle Financial Partners Inc bought a new position in VanEck Semiconductor ETF (NASDAQ:SMHFree Report) during the third quarter, Holdings Channel.com reports. The institutional investor bought 190 shares of the company’s stock, valued at approximately $47,000.

A number of other institutional investors have also added to or reduced their stakes in the business. Empower Advisory Group LLC increased its stake in VanEck Semiconductor ETF by 6.1% in the 3rd quarter. Empower Advisory Group LLC now owns 849 shares of the company’s stock worth $208,000 after acquiring an additional 49 shares during the last quarter. First Heartland Consultants Inc. increased its stake in VanEck Semiconductor ETF by 48.8% in the 3rd quarter. First Heartland Consultants Inc. now owns 4,331 shares of the company’s stock worth $1,063,000 after acquiring an additional 1,420 shares during the last quarter. Prime Capital Investment Advisors LLC increased its stake in VanEck Semiconductor ETF by 4.3% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 1,011 shares of the company’s stock worth $248,000 after acquiring an additional 42 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd bought a new position in VanEck Semiconductor ETF in the 3rd quarter worth about $3,666,000. Finally, WealthPlan Investment Management LLC bought a new position in shares of VanEck Semiconductor ETF during the 3rd quarter valued at about $248,000.

VanEck Semiconductor ETF Trading Down 3.3 %

Shares of VanEck Semiconductor ETF stock opened at $239.95 on Friday. The firm has a market capitalization of $23.78 billion, a PE ratio of 18.82 and a beta of 1.35. The business’s 50-day moving average price is $245.65 and its 200-day moving average price is $245.11. VanEck Semiconductor ETF has a 12 month low of $156.56 and a 12 month high of $283.07.

VanEck Semiconductor ETF Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding SMH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Semiconductor ETF (NASDAQ:SMHFree Report).

Institutional Ownership by Quarter for VanEck Semiconductor ETF (NASDAQ:SMH)

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