Zimmermann Investment Management & Planning LLC Purchases 874 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Zimmermann Investment Management & Planning LLC increased its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 2.5% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 35,650 shares of the company’s stock after buying an additional 874 shares during the quarter. VanEck Semiconductor ETF comprises 3.1% of Zimmermann Investment Management & Planning LLC’s investment portfolio, making the stock its 6th biggest holding. Zimmermann Investment Management & Planning LLC’s holdings in VanEck Semiconductor ETF were worth $9,294,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of SMH. Piscataqua Savings Bank increased its position 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 period. Macroview Investment Management LLC raised its stake in shares of VanEck Semiconductor ETF by 21.5% during the second quarter. Macroview Investment Management LLC now owns 271 shares of the company’s stock worth $71,000 after purchasing an additional 48 shares during the last quarter. Choreo LLC lifted its holdings in shares of VanEck Semiconductor ETF by 1.1% during the first quarter. Choreo LLC now owns 4,891 shares of the company’s stock worth $1,100,000 after purchasing an additional 54 shares during the period. FinTrust Capital Advisors LLC grew its position 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 buying an additional 56 shares during the last quarter. Finally, Cascade Investment Group Inc. increased its stake 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 buying an additional 56 shares during the period.

VanEck Semiconductor ETF Price Performance

Shares of SMH stock traded down $4.12 during mid-day trading on Wednesday, hitting $240.89. The stock had a trading volume of 8,067,672 shares, compared to its average volume of 8,489,217. The firm has a market cap of $21.67 billion, a PE ratio of 18.82 and a beta of 1.35. The company’s 50-day simple moving average is $250.63 and its 200-day simple moving average is $234.37. VanEck Semiconductor ETF has a fifty-two week low of $136.10 and a fifty-two week high of $283.07.

VanEck Semiconductor ETF 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.