Custom Index Systems LLC Raises Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Custom Index Systems LLC lifted its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 3.8% during the third quarter, Holdings Channel reports. The firm owned 7,407 shares of the company’s stock after acquiring an additional 274 shares during the quarter. VanEck Semiconductor ETF makes up about 1.0% of Custom Index Systems LLC’s portfolio, making the stock its 20th largest holding. Custom Index Systems LLC’s holdings in VanEck Semiconductor ETF were worth $1,818,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Piscataqua Savings Bank raised its holdings in shares of VanEck Semiconductor ETF by 1.0% in the second quarter. Piscataqua Savings Bank now owns 4,050 shares of the company’s stock valued at $1,056,000 after buying an additional 41 shares during the last quarter. Allworth Financial LP raised its stake in VanEck Semiconductor ETF by 5.1% during the 3rd quarter. Allworth Financial LP now owns 892 shares of the company’s stock valued at $219,000 after acquiring an additional 43 shares during the last quarter. Macroview Investment Management LLC lifted its position in VanEck Semiconductor ETF by 21.5% during the 2nd quarter. Macroview Investment Management LLC now owns 271 shares of the company’s stock worth $71,000 after acquiring an additional 48 shares during the period. WealthCare Investment Partners LLC lifted its position in VanEck Semiconductor ETF by 2.9% during the 3rd quarter. WealthCare Investment Partners LLC now owns 1,856 shares of the company’s stock worth $461,000 after acquiring an additional 52 shares during the period. Finally, Choreo LLC grew its stake in shares of VanEck Semiconductor ETF by 1.1% in the 1st quarter. Choreo LLC now owns 4,891 shares of the company’s stock valued at $1,100,000 after purchasing an additional 54 shares during the last quarter.

VanEck Semiconductor ETF Trading Up 1.2 %

Shares of VanEck Semiconductor ETF stock traded up $2.90 during trading hours on Friday, hitting $252.96. 6,835,930 shares of the company were exchanged, compared to its average volume of 8,158,147. The business has a 50-day moving average of $242.73 and a 200-day moving average of $241.66. VanEck Semiconductor ETF has a 1 year low of $136.10 and a 1 year high of $283.07. The stock has a market capitalization of $24.89 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35.

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.