VanEck Semiconductor ETF (NASDAQ:SMH) Shares Bought by Paragon Advisors LLC

Paragon Advisors LLC increased its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 7.1% during the third quarter, HoldingsChannel.com reports. The fund owned 6,937 shares of the company’s stock after buying an additional 457 shares during the period. Paragon Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $1,703,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Piscataqua Savings Bank increased its position in shares of VanEck Semiconductor ETF by 1.0% during the second quarter. Piscataqua Savings Bank now owns 4,050 shares of the company’s stock valued at $1,056,000 after purchasing an additional 41 shares during the period. Nvwm LLC raised its stake in shares of VanEck Semiconductor ETF by 2.2% in the 3rd quarter. Nvwm LLC now owns 1,867 shares of the company’s stock valued at $458,000 after purchasing an additional 41 shares during the period. Prime Capital Investment Advisors LLC raised its holdings in VanEck Semiconductor ETF by 4.3% during the third quarter. Prime Capital Investment Advisors LLC now owns 1,011 shares of the company’s stock worth $248,000 after acquiring an additional 42 shares in the last quarter. Allworth Financial LP lifted its stake in VanEck Semiconductor ETF by 5.1% in the 3rd quarter. Allworth Financial LP now owns 892 shares of the company’s stock valued at $219,000 after purchasing an additional 43 shares during the last quarter. Finally, Clarity Capital Partners LLC raised its holdings in VanEck Semiconductor ETF by 2.8% in the 3rd quarter. Clarity Capital Partners LLC now owns 1,590 shares of the company’s stock valued at $390,000 after acquiring an additional 44 shares during the period.

VanEck Semiconductor ETF Stock Performance

NASDAQ:SMH opened at $239.95 on Friday. VanEck Semiconductor ETF has a fifty-two week low of $156.56 and a fifty-two week high of $283.07. The company has a market cap of $23.78 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. The stock has a fifty day moving average price of $246.15 and a 200-day moving average price of $245.26.

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.