VanEck Semiconductor ETF (NASDAQ:SMH) Position Boosted by Blue Trust Inc.

Blue Trust Inc. raised its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 103.7% in the first quarter, HoldingsChannel.com reports. The firm owned 275 shares of the company’s stock after buying an additional 140 shares during the period. Blue Trust Inc.’s holdings in VanEck Semiconductor ETF were worth $58,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SMH. Duncker Streett & Co. Inc. lifted its position in shares of VanEck Semiconductor ETF by 3.9% during the 4th quarter. Duncker Streett & Co. Inc. now owns 1,081 shares of the company’s stock valued at $262,000 after acquiring an additional 41 shares during the last quarter. Creative Financial Designs Inc. ADV raised its holdings in shares of VanEck Semiconductor ETF by 2.2% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,905 shares of the company’s stock worth $461,000 after acquiring an additional 41 shares in the last quarter. Clark Capital Management Group Inc. increased its position in VanEck Semiconductor ETF by 4.6% during the fourth quarter. Clark Capital Management Group Inc. now owns 1,101 shares of the company’s stock worth $267,000 after buying an additional 48 shares during the last quarter. Symphony Financial Services Inc. increased its position in VanEck Semiconductor ETF by 0.7% during the fourth quarter. Symphony Financial Services Inc. now owns 7,663 shares of the company’s stock worth $1,856,000 after buying an additional 53 shares during the last quarter. Finally, MJP Associates Inc. ADV grew its position in shares of VanEck Semiconductor ETF by 3.5% in the fourth quarter. MJP Associates Inc. ADV now owns 1,610 shares of the company’s stock valued at $390,000 after purchasing an additional 54 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ:SMH opened at $277.20 on Friday. The company has a market cap of $25.11 billion, a P/E ratio of 30.48 and a beta of 1.35. The stock’s 50-day moving average is $238.85 and its 200-day moving average is $236.08. VanEck Semiconductor ETF has a 52-week low of $170.11 and a 52-week high of $283.07.

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.