VanEck Semiconductor ETF (NASDAQ:SMH) Shares Acquired by Perennial Investment Advisors LLC

Perennial Investment Advisors LLC grew its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 138.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,749 shares of the company’s stock after acquiring an additional 1,598 shares during the period. Perennial Investment Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $717,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of SMH. Silicon Valley Capital Partners purchased a new stake in shares of VanEck Semiconductor ETF during the first quarter worth about $25,000. Chilton Capital Management LLC purchased a new stake in shares of VanEck Semiconductor ETF during the second quarter worth about $26,000. Innealta Capital LLC purchased a new stake in shares of VanEck Semiconductor ETF during the second quarter worth about $28,000. TD Capital Management LLC purchased a new stake in shares of VanEck Semiconductor ETF during the second quarter worth about $29,000. Finally, Creekmur Asset Management LLC purchased a new stake in shares of VanEck Semiconductor ETF during the fourth quarter worth about $30,000.

VanEck Semiconductor ETF Stock Down 0.0 %

SMH stock opened at $233.72 on Wednesday. The stock has a market capitalization of $21.02 billion, a P/E ratio of 18.82 and a beta of 1.35. The firm has a 50-day simple moving average of $240.17 and a 200-day simple moving average of $237.07. 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.