Tradewinds LLC. Buys 462 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Tradewinds LLC. lifted its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 8.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,778 shares of the company’s stock after purchasing an additional 462 shares during the quarter. Tradewinds LLC.’s holdings in VanEck Semiconductor ETF were worth $1,418,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Mendota Financial Group LLC purchased a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter worth approximately $25,000. Chilton Capital Management LLC purchased a new position in VanEck Semiconductor ETF during the 2nd quarter valued at about $26,000. Innealta Capital LLC purchased a new stake in VanEck Semiconductor ETF in the second quarter worth $28,000. Financial Management Professionals Inc. bought a new position in VanEck Semiconductor ETF during the 3rd quarter valued at approximately $28,000. Finally, TD Capital Management LLC bought a new stake in shares of VanEck Semiconductor ETF during the second quarter valued at approximately $29,000.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ:SMH opened at $242.54 on Thursday. The business has a 50-day simple moving average of $247.21 and a two-hundred day simple moving average of $246.11. The firm has a market cap of $24.03 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a fifty-two week low of $156.56 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.