Ignite Planners LLC Grows Stock Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Ignite Planners LLC boosted its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 154.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,054 shares of the company’s stock after buying an additional 1,248 shares during the quarter. Ignite Planners LLC’s holdings in VanEck Semiconductor ETF were worth $306,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of SMH. Harbor Investment Advisory LLC acquired a new position in shares of VanEck Semiconductor ETF in the 1st quarter valued at $26,000. Moisand Fitzgerald Tamayo LLC purchased a new position in shares of VanEck Semiconductor ETF during the first quarter worth about $26,000. Bessemer Group Inc. purchased a new position in shares of VanEck Semiconductor ETF during the first quarter worth about $26,000. Covestor Ltd acquired a new stake in shares of VanEck Semiconductor ETF during the first quarter worth about $27,000. Finally, Tucker Asset Management LLC purchased a new stake in shares of VanEck Semiconductor ETF in the 1st quarter valued at about $28,000.

VanEck Semiconductor ETF Stock Up 0.3 %

NASDAQ:SMH opened at $147.30 on Tuesday. The company has a market capitalization of $9.74 billion, a PE ratio of 17.19 and a beta of 1.35. VanEck Semiconductor ETF has a 52-week low of $83.49 and a 52-week high of $161.17. The stock’s 50 day moving average price is $153.22 and its 200 day moving average price is $144.81.

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.