Pure Financial Advisors LLC Invests $276,000 in VanEck Semiconductor ETF (NASDAQ:SMH)

Pure Financial Advisors LLC purchased a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 1,059 shares of the company’s stock, valued at approximately $276,000.

Several other institutional investors and hedge funds have also modified their holdings of SMH. SG Americas Securities LLC boosted its stake in shares of VanEck Semiconductor ETF by 101.1% during the 2nd quarter. SG Americas Securities LLC now owns 13,898 shares of the company’s stock worth $3,623,000 after acquiring an additional 1,270,998 shares during the last quarter. Jane Street Group LLC lifted its stake in shares of VanEck Semiconductor ETF by 20.9% during the 1st quarter. Jane Street Group LLC now owns 6,044,932 shares of the company’s stock valued at $1,360,049,000 after buying an additional 1,045,570 shares in the last quarter. Saudi Central Bank purchased a new position in shares of VanEck Semiconductor ETF during the 4th quarter valued at $105,273,000. Private Advisor Group LLC lifted its stake in shares of VanEck Semiconductor ETF by 111.9% during the 4th quarter. Private Advisor Group LLC now owns 31,281 shares of the company’s stock valued at $5,371,000 after buying an additional 293,538 shares in the last quarter. Finally, Cetera Investment Advisers lifted its stake in shares of VanEck Semiconductor ETF by 1,172.6% during the 1st quarter. Cetera Investment Advisers now owns 290,347 shares of the company’s stock valued at $65,325,000 after buying an additional 267,531 shares in the last quarter.

VanEck Semiconductor ETF Trading Up 0.1 %

Shares of SMH traded up $0.34 during trading hours on Friday, reaching $246.71. 5,194,621 shares of the stock traded hands, compared to its average volume of 8,587,897. The company has a market cap of $22.19 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 52-week low of $136.10 and a 52-week high of $283.07. The company’s 50-day moving average price is $253.23 and its two-hundred day moving average price is $231.20.

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.