Rehmann Capital Advisory Group Acquires Shares of 43,667 VanEck Semiconductor ETF $SMH

Rehmann Capital Advisory Group bought a new position in VanEck Semiconductor ETF (NASDAQ:SMH) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 43,667 shares of the company’s stock, valued at approximately $28,641,000. VanEck Semiconductor ETF makes up about 1.2% of Rehmann Capital Advisory Group’s portfolio, making the stock its 13th largest holding.

A number of other institutional investors have also modified their holdings of the stock. First Bancorp Inc ME bought a new stake in shares of VanEck Semiconductor ETF during the second quarter valued at approximately $160,000. Trust Co. of Vermont purchased a new stake in shares of VanEck Semiconductor ETF in the second quarter valued at approximately $46,000. Buska Wealth Management LLC bought a new position in VanEck Semiconductor ETF in the second quarter worth approximately $326,000. Annex Advisory Services LLC grew its stake in VanEck Semiconductor ETF by 2.0% in the second quarter. Annex Advisory Services LLC now owns 2,009 shares of the company’s stock worth $1,318,000 after purchasing an additional 39 shares in the last quarter. Finally, Accel Wealth Management increased its holdings in VanEck Semiconductor ETF by 17.1% during the 2nd quarter. Accel Wealth Management now owns 5,439 shares of the company’s stock worth $3,567,000 after purchasing an additional 794 shares during the period.

VanEck Semiconductor ETF Stock Up 0.6%

Shares of NASDAQ SMH opened at $556.63 on Tuesday. The business has a fifty day simple moving average of $579.03 and a two-hundred day simple moving average of $517.88. The firm has a market cap of $69.93 billion, a PE ratio of 34.83 and a beta of 1.73. VanEck Semiconductor ETF has a twelve month low of $281.74 and a twelve month high of $671.83.

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.