Raymond James Trust N.A. Acquires 1,557 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Raymond James Trust N.A. raised its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 91.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,268 shares of the company’s stock after acquiring an additional 1,557 shares during the quarter. Raymond James Trust N.A.’s holdings in VanEck Semiconductor ETF were worth $852,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in SMH. Silicon Valley Capital Partners purchased a new stake in VanEck Semiconductor ETF during the 1st quarter worth about $25,000. Creekmur Asset Management LLC purchased a new stake in shares of VanEck Semiconductor ETF in the fourth quarter worth about $30,000. Pineridge Advisors LLC boosted its position in shares of VanEck Semiconductor ETF by 294.1% in the first quarter. Pineridge Advisors LLC now owns 134 shares of the company’s stock valued at $30,000 after acquiring an additional 100 shares during the period. Olistico Wealth LLC purchased a new position in VanEck Semiconductor ETF during the second quarter valued at approximately $31,000. Finally, Signature Resources Capital Management LLC purchased a new position in VanEck Semiconductor ETF during the second quarter valued at approximately $39,000.

VanEck Semiconductor ETF Stock Performance

NASDAQ SMH traded down $4.25 on Monday, hitting $244.14. The stock had a trading volume of 1,533,707 shares, compared to its average volume of 8,474,350. The firm has a 50-day moving average of $251.86 and a 200-day moving average of $233.77. VanEck Semiconductor ETF has a 52-week low of $136.10 and a 52-week high of $283.07. The company has a market capitalization of $21.96 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.