Pathway Financial Advisers LLC Increases Stake in VanEck Semiconductor ETF (NASDAQ:SMH)

Pathway Financial Advisers LLC increased its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 194.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 153 shares of the company’s stock after purchasing an additional 101 shares during the quarter. Pathway Financial Advisers LLC’s holdings in VanEck Semiconductor ETF were worth $38,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. Kathmere Capital Management LLC bought a new position in VanEck Semiconductor ETF in the first quarter worth about $272,000. Webster Bank N. A. purchased a new stake in shares of VanEck Semiconductor ETF during the first quarter valued at approximately $55,000. Mirador Capital Partners LP bought a new stake in shares of VanEck Semiconductor ETF during the first quarter valued at approximately $998,000. Fifth Third Securities Inc. increased its position in shares of VanEck Semiconductor ETF by 1.3% during the first quarter. Fifth Third Securities Inc. now owns 45,583 shares of the company’s stock valued at $10,256,000 after acquiring an additional 563 shares in the last quarter. Finally, Claro Advisors LLC raised its holdings in VanEck Semiconductor ETF by 149.1% in the 1st quarter. Claro Advisors LLC now owns 5,138 shares of the company’s stock worth $1,156,000 after acquiring an additional 3,075 shares during the last quarter.

VanEck Semiconductor ETF Trading Up 1.2 %

Shares of SMH opened at $252.96 on Friday. The company has a market cap of $24.89 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. The business’s fifty day simple moving average is $242.73 and its two-hundred day simple moving average is $241.66. VanEck Semiconductor ETF has a 12 month low of $136.10 and a 12 month 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.