Koenig Investment Advisory LLC Makes New Investment in VanEck Semiconductor ETF $SMH

Koenig Investment Advisory LLC acquired a new position in VanEck Semiconductor ETF (NASDAQ:SMH) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,339 shares of the company’s stock, valued at approximately $482,000. VanEck Semiconductor ETF makes up 0.4% of Koenig Investment Advisory LLC’s investment portfolio, making the stock its 28th biggest holding.

Other large investors also recently modified their holdings of the company. Flagstar Advisors Inc. lifted its stake in VanEck Semiconductor ETF by 68.2% in the fourth quarter. Flagstar Advisors Inc. now owns 5,910 shares of the company’s stock worth $2,128,000 after purchasing an additional 2,396 shares during the last quarter. Bright Futures Wealth Management LLC. bought a new position in shares of VanEck Semiconductor ETF during the third quarter valued at about $1,934,000. Apollon Wealth Management LLC grew its stake in shares of VanEck Semiconductor ETF by 2.9% during the fourth quarter. Apollon Wealth Management LLC now owns 47,977 shares of the company’s stock valued at $17,278,000 after buying an additional 1,356 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of VanEck Semiconductor ETF by 58.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 32,481 shares of the company’s stock worth $11,697,000 after buying an additional 11,973 shares during the period. Finally, Mezzasalma Advisors LLC increased its holdings in shares of VanEck Semiconductor ETF by 67.9% in the fourth quarter. Mezzasalma Advisors LLC now owns 15,159 shares of the company’s stock worth $5,459,000 after buying an additional 6,130 shares during the period.

VanEck Semiconductor ETF Stock Performance

NASDAQ SMH opened at $659.88 on Friday. The firm has a market cap of $76.67 billion, a PE ratio of 34.83 and a beta of 1.72. VanEck Semiconductor ETF has a 1-year low of $257.12 and a 1-year high of $663.80. The stock has a 50-day moving average of $551.49 and a 200-day moving average of $445.11.

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.