Janney Montgomery Scott LLC Acquires 847 Shares of VanEck Semiconductor ETF $SMH

Janney Montgomery Scott LLC increased its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 1.3% in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 66,694 shares of the company’s stock after buying an additional 847 shares during the quarter. Janney Montgomery Scott LLC’s holdings in VanEck Semiconductor ETF were worth $18,600,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of SMH. Grove Bank & Trust bought a new stake in VanEck Semiconductor ETF in the 2nd quarter worth about $25,000. Banque Transatlantique SA purchased a new position in VanEck Semiconductor ETF in the first quarter worth about $27,000. UMB Bank n.a. purchased a new position in VanEck Semiconductor ETF in the second quarter worth about $28,000. Arlington Trust Co LLC boosted its position in VanEck Semiconductor ETF by 775.0% in the first quarter. Arlington Trust Co LLC now owns 175 shares of the company’s stock worth $37,000 after purchasing an additional 155 shares during the last quarter. Finally, Avalon Trust Co purchased a new position in VanEck Semiconductor ETF in the first quarter worth about $42,000.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ:SMH opened at $338.24 on Friday. The stock has a market capitalization of $31.23 billion, a price-to-earnings ratio of 34.83 and a beta of 1.35. The stock’s 50-day simple moving average is $300.96 and its two-hundred day simple moving average is $261.25. VanEck Semiconductor ETF has a 52-week low of $170.11 and a 52-week high of $340.00.

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.