Western Wealth Management LLC boosted its position in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 26.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,376 shares of the company’s stock after buying an additional 3,651 shares during the period. Western Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $6,662,000 at the end of the most recent quarter.
A number of other institutional investors have also added to or reduced their stakes in SMH. Berger Financial Group Inc raised its position in shares of VanEck Semiconductor ETF by 1.3% during the first quarter. Berger Financial Group Inc now owns 1,659 shares of the company’s stock worth $636,000 after purchasing an additional 21 shares during the period. Goodman Advisory Group LLC increased its stake in VanEck Semiconductor ETF by 7.8% during the 1st quarter. Goodman Advisory Group LLC now owns 318 shares of the company’s stock valued at $122,000 after purchasing an additional 23 shares in the last quarter. Howe & Rusling Inc. increased its stake in VanEck Semiconductor ETF by 4.3% during the 1st quarter. Howe & Rusling Inc. now owns 612 shares of the company’s stock valued at $235,000 after purchasing an additional 25 shares in the last quarter. Brooklyn Investment Group increased its stake in VanEck Semiconductor ETF by 2.2% during the 4th quarter. Brooklyn Investment Group now owns 1,192 shares of the company’s stock valued at $434,000 after purchasing an additional 26 shares in the last quarter. Finally, Total Clarity Wealth Management Inc. raised its holdings in VanEck Semiconductor ETF by 1.1% during the first quarter. Total Clarity Wealth Management Inc. now owns 2,567 shares of the company’s stock worth $984,000 after buying an additional 27 shares during the last quarter.
VanEck Semiconductor ETF Trading Up 6.9%
VanEck Semiconductor ETF stock opened at $538.90 on Friday. VanEck Semiconductor ETF has a 1-year low of $279.19 and a 1-year high of $671.83. The firm has a market capitalization of $65.96 billion, a price-to-earnings ratio of 34.83 and a beta of 1.71. The firm’s fifty day moving average price is $598.76 and its two-hundred day moving average price is $491.90.
VanEck Semiconductor ETF News Roundup
- Positive Sentiment: Microsoft’s Azure-related results helped ease concerns that AI infrastructure spending may be slowing, supporting chipmakers and the broader semiconductor group. A New Reality for the AI Trade
- Positive Sentiment: A broad rebound in chipmakers lifted technology stocks, with the Philadelphia Semiconductor Index reportedly gaining 7.5% and Sandisk, Micron, and AMD among the strongest performers. That sector-wide move directly benefits SMH’s diversified holdings. Update: US Equity Indexes Jump Amid Rebound in Chipmakers
- Positive Sentiment: Dip-buying interest emerged after recent weakness, suggesting investors are still willing to support semiconductor exposure despite volatility. Chip ETF dip-buyers need strong stomachs
- Neutral Sentiment: Analysts questioned whether the chip-stock rebound represents a lasting rally or only a short-term bounce, making momentum and follow-through important for SMH. Chip Stock Bounce or Lasting Rally?
- Negative Sentiment: SMH faces technical resistance near $543; failure to hold the rebound could encourage further selling, particularly given the ETF’s high beta and elevated valuation. Chip ETF dip-buyers need strong stomachs
- Negative Sentiment: Broader worries that the technology trade is tired and that investors are reassessing optimistic AI assumptions remain an overhang for semiconductor valuations. A Tired Tech Trade Looks Set to Sink the Stock Market
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.
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