US Bancorp DE Purchases 302 Shares of VanEck Semiconductor ETF $SMH

US Bancorp DE boosted its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 6.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,049 shares of the company’s stock after purchasing an additional 302 shares during the period. US Bancorp DE’s holdings in VanEck Semiconductor ETF were worth $1,408,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Hall Capital Management Co. Inc. grew its holdings in VanEck Semiconductor ETF by 0.3% during the second quarter. Hall Capital Management Co. Inc. now owns 12,867 shares of the company’s stock worth $3,588,000 after purchasing an additional 37 shares during the period. Delos Wealth Advisors LLC grew its holdings in VanEck Semiconductor ETF by 0.6% during the first quarter. Delos Wealth Advisors LLC now owns 7,402 shares of the company’s stock worth $1,565,000 after purchasing an additional 43 shares during the period. Sound View Wealth Advisors Group LLC grew its holdings in VanEck Semiconductor ETF by 1.3% during the first quarter. Sound View Wealth Advisors Group LLC now owns 3,511 shares of the company’s stock worth $742,000 after purchasing an additional 46 shares during the period. Signature Estate & Investment Advisors LLC grew its holdings in VanEck Semiconductor ETF by 1.2% during the first quarter. Signature Estate & Investment Advisors LLC now owns 3,990 shares of the company’s stock worth $844,000 after purchasing an additional 47 shares during the period. Finally, GK Wealth Management LLC grew its holdings in VanEck Semiconductor ETF by 2.6% during the second quarter. GK Wealth Management LLC now owns 1,889 shares of the company’s stock worth $527,000 after purchasing an additional 47 shares during the period.

VanEck Semiconductor ETF Stock Performance

VanEck Semiconductor ETF stock opened at $343.30 on Friday. VanEck Semiconductor ETF has a 52 week low of $170.11 and a 52 week high of $348.53. The stock has a market capitalization of $33.64 billion, a P/E ratio of 34.83 and a beta of 1.35. The stock has a 50-day simple moving average of $310.88 and a 200 day simple moving average of $269.27.

VanEck Semiconductor ETF Company 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.