PCG Wealth Advisors LLC boosted its holdings in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 11.8% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 13,707 shares of the company’s stock after buying an additional 1,447 shares during the quarter. VanEck Semiconductor ETF accounts for about 2.0% of PCG Wealth Advisors LLC’s investment portfolio, making the stock its 9th largest position. PCG Wealth Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $8,990,000 as of its most recent filing with the SEC.
Other institutional investors also recently modified their holdings of the company. Allied Private Wealth LLC purchased a new position in VanEck Semiconductor ETF in the 2nd quarter worth about $26,000. MassMutual Private Wealth & Trust FSB purchased a new stake in VanEck Semiconductor ETF during the second quarter valued at about $30,000. Timbuktu Capital Management LLC acquired a new position in shares of VanEck Semiconductor ETF in the second quarter worth about $33,000. Investment Counsel Co. of Nevada acquired a new position in shares of VanEck Semiconductor ETF in the fourth quarter worth about $35,000. Finally, Core Wealth Advisors LLC acquired a new position in shares of VanEck Semiconductor ETF in the fourth quarter worth about $36,000.
VanEck Semiconductor ETF Price Performance
VanEck Semiconductor ETF stock opened at $567.01 on Friday. VanEck Semiconductor ETF has a fifty-two week low of $289.25 and a fifty-two week high of $671.83. The firm’s 50 day simple moving average is $573.59 and its 200-day simple moving average is $521.16. The company has a market cap of $71.24 billion, a P/E ratio of 34.83 and a beta of 1.73.
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.
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