TD Capital Management LLC Takes Position in VanEck Semiconductor ETF (NASDAQ:SMH)

TD Capital Management LLC acquired a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the 2nd quarter, Holdings Channel reports. The fund acquired 110 shares of the company’s stock, valued at approximately $29,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Piscataqua Savings Bank increased its holdings in VanEck Semiconductor ETF by 1.0% in the 2nd quarter. Piscataqua Savings Bank now owns 4,050 shares of the company’s stock valued at $1,056,000 after acquiring an additional 41 shares during the last quarter. Macroview Investment Management LLC increased its holdings in VanEck Semiconductor ETF by 21.5% in the 2nd quarter. Macroview Investment Management LLC now owns 271 shares of the company’s stock valued at $71,000 after acquiring an additional 48 shares during the last quarter. Choreo LLC increased its holdings in 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 acquiring an additional 54 shares during the last quarter. FinTrust Capital Advisors LLC increased its holdings in VanEck Semiconductor ETF by 31.8% in the 4th quarter. FinTrust Capital Advisors LLC now owns 232 shares of the company’s stock valued at $41,000 after acquiring an additional 56 shares during the last quarter. Finally, Cascade Investment Group Inc. increased its holdings in VanEck Semiconductor ETF by 4.4% in the 2nd quarter. Cascade Investment Group Inc. now owns 1,324 shares of the company’s stock valued at $345,000 after acquiring an additional 56 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ SMH opened at $224.26 on Friday. The company has a market cap of $20.17 billion, a P/E ratio of 18.82 and a beta of 1.35. The firm’s fifty day moving average is $246.47 and its two-hundred day moving average is $235.48. VanEck Semiconductor ETF has a 52-week low of $136.10 and a 52-week high of $283.07.

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.