Concord Asset Management LLC VA Takes Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Concord Asset Management LLC VA acquired a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 4,348 shares of the company’s stock, valued at approximately $1,067,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Piscataqua Savings Bank raised 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 worth $1,056,000 after purchasing an additional 41 shares during the period. Nvwm LLC raised its position in VanEck Semiconductor ETF by 2.2% in the 3rd quarter. Nvwm LLC now owns 1,867 shares of the company’s stock worth $458,000 after purchasing an additional 41 shares during the period. Prime Capital Investment Advisors LLC raised its position in VanEck Semiconductor ETF by 4.3% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 1,011 shares of the company’s stock worth $248,000 after purchasing an additional 42 shares during the period. Allworth Financial LP raised its position in VanEck Semiconductor ETF by 5.1% in the 3rd quarter. Allworth Financial LP now owns 892 shares of the company’s stock worth $219,000 after purchasing an additional 43 shares during the period. Finally, Clarity Capital Partners LLC raised its position 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 worth $390,000 after purchasing an additional 44 shares during the period.

VanEck Semiconductor ETF Stock Down 3.3 %

Shares of NASDAQ:SMH opened at $239.95 on Friday. The stock has a market cap of $23.78 billion, a PE ratio of 18.82 and a beta of 1.35. The company’s fifty day moving average is $246.15 and its 200 day moving average is $245.47. VanEck Semiconductor ETF has a 52 week low of $156.56 and a 52 week high of $283.07.

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.