Ausdal Financial Partners Inc. Boosts Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Ausdal Financial Partners Inc. lifted its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 0.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,748 shares of the company’s stock after buying an additional 108 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in VanEck Semiconductor ETF were worth $3,324,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Silicon Valley Capital Partners bought a new position in shares of VanEck Semiconductor ETF in the 1st quarter worth about $25,000. Chilton Capital Management LLC purchased a new stake in VanEck Semiconductor ETF in the second quarter worth about $26,000. Innealta Capital LLC bought a new position in shares of VanEck Semiconductor ETF during the second quarter valued at approximately $28,000. TD Capital Management LLC purchased a new position in shares of VanEck Semiconductor ETF during the second quarter valued at approximately $29,000. Finally, Creekmur Asset Management LLC bought a new stake in shares of VanEck Semiconductor ETF in the 4th quarter worth approximately $30,000.

VanEck Semiconductor ETF Stock Performance

Shares of VanEck Semiconductor ETF stock traded down $9.26 during midday trading on Friday, hitting $215.00. The company had a trading volume of 12,019,320 shares, compared to its average volume of 8,540,042. VanEck Semiconductor ETF has a 52-week low of $136.10 and a 52-week high of $283.07. The stock has a market capitalization of $19.34 billion, a P/E ratio of 18.82 and a beta of 1.35. The company has a 50 day moving average of $245.55 and a 200 day moving average of $235.84.

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.