Glass Jacobson Investment Advisors llc Increases Stock Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Glass Jacobson Investment Advisors llc boosted its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 81.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 285 shares of the company’s stock after acquiring an additional 128 shares during the period. Glass Jacobson Investment Advisors llc’s holdings in VanEck Semiconductor ETF were worth $70,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SMH. QRG Capital Management Inc. purchased a new stake in VanEck Semiconductor ETF in the second quarter valued at $325,000. SG Americas Securities LLC raised its holdings in shares of VanEck Semiconductor ETF by 101.1% in the second quarter. SG Americas Securities LLC now owns 13,898 shares of the company’s stock valued at $3,623,000 after buying an additional 1,270,998 shares during the last quarter. Dynamic Advisor Solutions LLC raised its holdings in shares of VanEck Semiconductor ETF by 126.4% in the second quarter. Dynamic Advisor Solutions LLC now owns 5,642 shares of the company’s stock valued at $1,471,000 after buying an additional 3,150 shares during the last quarter. Sequoia Financial Advisors LLC raised its holdings in shares of VanEck Semiconductor ETF by 37.3% in the second quarter. Sequoia Financial Advisors LLC now owns 2,483 shares of the company’s stock valued at $647,000 after buying an additional 674 shares during the last quarter. Finally, Cooper Financial Group raised its holdings in shares of VanEck Semiconductor ETF by 7.4% in the second quarter. Cooper Financial Group now owns 1,057 shares of the company’s stock valued at $276,000 after buying an additional 73 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ:SMH opened at $246.07 on Tuesday. The company has a 50-day simple moving average of $248.49 and a 200-day simple moving average of $247.70. VanEck Semiconductor ETF has a one year low of $163.29 and a one year high of $283.07. The stock has a market capitalization of $24.38 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.