Cascade Investment Group Inc. Buys 56 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Cascade Investment Group Inc. boosted its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 4.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,324 shares of the company’s stock after purchasing an additional 56 shares during the quarter. Cascade Investment Group Inc.’s holdings in VanEck Semiconductor ETF were worth $345,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Silicon Valley Capital Partners bought a new stake in shares of VanEck Semiconductor ETF in the first quarter valued at approximately $25,000. Olistico Wealth LLC acquired a new stake in shares of VanEck Semiconductor ETF in the second quarter valued at $31,000. Pineridge Advisors LLC increased its stake in shares of VanEck Semiconductor ETF by 294.1% in the first quarter. Pineridge Advisors LLC now owns 134 shares of the company’s stock valued at $30,000 after buying an additional 100 shares in the last quarter. Macroview Investment Management LLC increased its position in VanEck Semiconductor ETF by 245.2% in the fourth quarter. Macroview Investment Management LLC now owns 145 shares of the company’s stock worth $25,000 after purchasing an additional 103 shares during the period. Finally, Creekmur Asset Management LLC acquired a new stake in VanEck Semiconductor ETF in the fourth quarter worth about $30,000.

VanEck Semiconductor ETF Stock Up 0.1 %

SMH stock traded up $0.20 during midday trading on Wednesday, reaching $236.39. The stock had a trading volume of 7,110,361 shares, compared to its average volume of 8,610,503. VanEck Semiconductor ETF has a twelve month low of $136.10 and a twelve month high of $283.07. The firm has a market cap of $21.26 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. The business has a fifty day simple moving average of $253.47 and a two-hundred day simple moving average of $230.70.

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.