Edgestream Partners L.P. Purchases 7,071 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Edgestream Partners L.P. lifted its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 808.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,946 shares of the company’s stock after acquiring an additional 7,071 shares during the period. Edgestream Partners L.P.’s holdings in VanEck Semiconductor ETF were worth $1,210,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in SMH. Retirement Income Solutions Inc lifted its stake in VanEck Semiconductor ETF by 26.1% in the 1st quarter. Retirement Income Solutions Inc now owns 1,695 shares of the company’s stock valued at $457,000 after purchasing an additional 351 shares during the last quarter. TradeLink Capital LLC bought a new position in VanEck Semiconductor ETF in the 1st quarter valued at approximately $1,052,000. JPMorgan Chase & Co. lifted its stake in VanEck Semiconductor ETF by 44.3% in the 1st quarter. JPMorgan Chase & Co. now owns 37,718 shares of the company’s stock valued at $10,176,000 after purchasing an additional 11,584 shares during the last quarter. Synovus Financial Corp lifted its stake in VanEck Semiconductor ETF by 12.4% in the 1st quarter. Synovus Financial Corp now owns 905 shares of the company’s stock valued at $244,000 after purchasing an additional 100 shares during the last quarter. Finally, Cibc World Market Inc. lifted its stake in VanEck Semiconductor ETF by 190.0% in the 1st quarter. Cibc World Market Inc. now owns 19,587 shares of the company’s stock valued at $5,284,000 after purchasing an additional 12,834 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ:SMH opened at $164.90 on Tuesday. The company has a market cap of $11.17 billion, a price-to-earnings ratio of 17.19 and a beta of 1.35. The firm has a 50 day simple moving average of $147.71 and a 200 day simple moving average of $147.98. VanEck Semiconductor ETF has a one year low of $98.27 and a one year high of $165.44.

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.