Flagstar Advisors Inc. Has $1.19 Million Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Flagstar Advisors Inc. lifted its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 46.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,834 shares of the company’s stock after buying an additional 1,539 shares during the quarter. Flagstar Advisors Inc.’s holdings in VanEck Semiconductor ETF were worth $1,187,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in SMH. Jane Street Group LLC boosted its stake in shares of VanEck Semiconductor ETF by 20.9% during the 1st quarter. Jane Street Group LLC now owns 6,044,932 shares of the company’s stock worth $1,360,049,000 after acquiring an additional 1,045,570 shares in the last quarter. LPL Financial LLC lifted its holdings in VanEck Semiconductor ETF by 7.0% in the 3rd quarter. LPL Financial LLC now owns 1,743,333 shares of the company’s stock worth $427,901,000 after purchasing an additional 113,705 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its position in VanEck Semiconductor ETF by 46.3% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,624,000 shares of the company’s stock worth $423,377,000 after purchasing an additional 514,000 shares during the period. Migdal Insurance & Financial Holdings Ltd. grew its holdings in VanEck Semiconductor ETF by 109.8% during the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 944,164 shares of the company’s stock valued at $246,144,000 after purchasing an additional 494,164 shares during the last quarter. Finally, Main Management ETF Advisors LLC raised its position in shares of VanEck Semiconductor ETF by 2.6% in the second quarter. Main Management ETF Advisors LLC now owns 689,520 shares of the company’s stock valued at $179,758,000 after purchasing an additional 17,340 shares during the period.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ:SMH opened at $244.62 on Friday. VanEck Semiconductor ETF has a 52-week low of $156.56 and a 52-week high of $283.07. The company has a market cap of $24.24 billion, a P/E ratio of 18.82 and a beta of 1.35. The stock’s 50-day moving average is $247.61 and its 200-day moving average is $246.26.

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.