VanEck Semiconductor ETF (NASDAQ:SMH) Position Boosted by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. raised its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 8.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,274 shares of the company’s stock after acquiring an additional 1,982 shares during the period. Oppenheimer & Co. Inc.’s holdings in VanEck Semiconductor ETF were worth $5,958,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in SMH. Pinnacle Financial Partners Inc bought a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter worth about $47,000. Empower Advisory Group LLC raised its holdings in VanEck Semiconductor ETF by 6.1% during the third quarter. Empower Advisory Group LLC now owns 849 shares of the company’s stock worth $208,000 after purchasing an additional 49 shares in the last quarter. First Heartland Consultants Inc. raised its holdings in VanEck Semiconductor ETF by 48.8% during the third quarter. First Heartland Consultants Inc. now owns 4,331 shares of the company’s stock worth $1,063,000 after purchasing an additional 1,420 shares in the last quarter. Prime Capital Investment Advisors LLC lifted its position in VanEck Semiconductor ETF by 4.3% in the third 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. Finally, OVERSEA CHINESE BANKING Corp Ltd bought a new position in VanEck Semiconductor ETF during the 3rd quarter valued at $3,666,000.

VanEck Semiconductor ETF Stock Performance

SMH opened at $248.18 on Friday. The company has a market capitalization of $24.59 billion, a PE ratio of 18.82 and a beta of 1.35. The stock’s fifty day moving average is $245.18 and its 200-day moving average is $245.09. VanEck Semiconductor ETF has a one year low of $156.56 and a one year 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.