17 Capital Partners LLC Increases Stock Position in VanEck Semiconductor ETF $SMH

17 Capital Partners LLC boosted its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 19.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,606 shares of the company’s stock after purchasing an additional 258 shares during the period. 17 Capital Partners LLC’s holdings in VanEck Semiconductor ETF were worth $448,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Grove Bank & Trust bought a new position in shares of VanEck Semiconductor ETF in the 2nd quarter worth approximately $25,000. Trust Co. of Toledo NA OH purchased a new stake in VanEck Semiconductor ETF in the second quarter worth about $25,000. Banque Transatlantique SA bought a new position in shares of VanEck Semiconductor ETF in the first quarter worth about $27,000. UMB Bank n.a. bought a new position in shares of VanEck Semiconductor ETF in the second quarter worth about $28,000. Finally, Hilltop National Bank purchased a new position in shares of VanEck Semiconductor ETF during the 2nd quarter valued at about $28,000.

VanEck Semiconductor ETF Trading Up 1.8%

NASDAQ SMH opened at $339.44 on Thursday. VanEck Semiconductor ETF has a 12 month low of $170.11 and a 12 month high of $372.78. The stock has a market cap of $34.08 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52. The company’s 50 day moving average is $338.31 and its two-hundred day moving average is $295.55.

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.