Sanctuary Advisors LLC Has $9.61 Million Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Sanctuary Advisors LLC increased its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 67.3% during the third quarter, HoldingsChannel.com reports. The fund owned 39,277 shares of the company’s stock after purchasing an additional 15,794 shares during the period. Sanctuary Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $9,608,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in SMH. Wealth Enhancement Advisory Services LLC grew its holdings in VanEck Semiconductor ETF by 11.0% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 20,891 shares of the company’s stock valued at $5,446,000 after purchasing an additional 2,064 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in VanEck Semiconductor ETF by 84.5% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 7,605 shares of the company’s stock valued at $1,983,000 after buying an additional 3,483 shares during the last quarter. World Equity Group Inc. bought a new position in VanEck Semiconductor ETF in the 2nd quarter worth $222,000. Oakworth Capital Inc. acquired a new position in VanEck Semiconductor ETF during the 2nd quarter worth $113,000. Finally, Raymond James & Associates boosted its holdings in VanEck Semiconductor ETF by 15.0% during the second quarter. Raymond James & Associates now owns 214,445 shares of the company’s stock valued at $55,906,000 after acquiring an additional 27,919 shares during the period.

VanEck Semiconductor ETF Stock Performance

VanEck Semiconductor ETF stock opened at $249.49 on Friday. VanEck Semiconductor ETF has a 52 week low of $163.97 and a 52 week high of $283.07. The firm has a market capitalization of $24.72 billion, a PE ratio of 18.82 and a beta of 1.35. The business’s 50-day simple moving average is $248.60 and its 200-day simple moving average is $247.70.

VanEck Semiconductor ETF 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.