Huntington National Bank Acquires 482 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Huntington National Bank boosted its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 43.2% in the 3rd quarter, HoldingsChannel reports. The firm owned 1,597 shares of the company’s stock after purchasing an additional 482 shares during the quarter. Huntington National Bank’s holdings in VanEck Semiconductor ETF were worth $392,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Peak Asset Management LLC lifted its holdings in shares of VanEck Semiconductor ETF by 91.0% in the third quarter. Peak Asset Management LLC now owns 2,479 shares of the company’s stock worth $608,000 after buying an additional 1,181 shares in the last quarter. Kovack Advisors Inc. boosted its holdings in shares of VanEck Semiconductor ETF by 27.7% during the 3rd quarter. Kovack Advisors Inc. now owns 2,751 shares of the company’s stock valued at $675,000 after purchasing an additional 596 shares during the last quarter. Oppenheimer & Co. Inc. grew its position in shares of VanEck Semiconductor ETF by 8.9% during the third quarter. Oppenheimer & Co. Inc. now owns 24,274 shares of the company’s stock valued at $5,958,000 after purchasing an additional 1,982 shares in the last quarter. Pinnacle Financial Partners Inc bought a new stake in shares of VanEck Semiconductor ETF in the third quarter worth about $47,000. Finally, Empower Advisory Group LLC increased its holdings in shares of VanEck Semiconductor ETF by 6.1% in the third quarter. Empower Advisory Group LLC now owns 849 shares of the company’s stock worth $208,000 after purchasing an additional 49 shares during the last quarter.

VanEck Semiconductor ETF Trading Down 3.3 %

Shares of VanEck Semiconductor ETF stock opened at $239.95 on Friday. The firm has a market cap of $23.78 billion, a PE ratio of 18.82 and a beta of 1.35. The stock has a 50 day moving average of $246.15 and a 200 day moving average of $245.47. VanEck Semiconductor ETF has a 12 month low of $156.56 and a 12 month high of $283.07.

About VanEck Semiconductor ETF

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.