VanEck Semiconductor ETF $SMH Shares Newly Purchased by Private Client Services LLC

Private Client Services LLC purchased a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) in the third quarter, according to its most recent filing with the SEC. The firm purchased 1,596 shares of the company’s stock, valued at approximately $972,000.

Several other institutional investors have also modified their holdings of SMH. Berger Financial Group Inc increased its stake in VanEck Semiconductor ETF by 1.3% in the 1st quarter. Berger Financial Group Inc now owns 1,659 shares of the company’s stock valued at $636,000 after purchasing an additional 21 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC boosted its position in VanEck Semiconductor ETF by 0.6% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,472 shares of the company’s stock worth $2,277,000 after purchasing an additional 21 shares in the last quarter. Goodman Advisory Group LLC boosted its position in VanEck Semiconductor ETF by 7.8% during the first quarter. Goodman Advisory Group LLC now owns 318 shares of the company’s stock worth $122,000 after purchasing an additional 23 shares in the last quarter. Howe & Rusling Inc. grew its holdings in VanEck Semiconductor ETF by 4.3% in the first quarter. Howe & Rusling Inc. now owns 612 shares of the company’s stock valued at $235,000 after purchasing an additional 25 shares during the last quarter. Finally, Total Clarity Wealth Management Inc. increased its position in shares of VanEck Semiconductor ETF by 1.1% in the first quarter. Total Clarity Wealth Management Inc. now owns 2,567 shares of the company’s stock valued at $984,000 after buying an additional 27 shares in the last quarter.

VanEck Semiconductor ETF Trading Up 2.4%

Shares of SMH stock traded up $14.96 during mid-day trading on Friday, reaching $632.77. The stock had a trading volume of 4,717,778 shares, compared to its average volume of 9,322,061. The company has a market cap of $77.82 billion, a P/E ratio of 34.83 and a beta of 1.73. VanEck Semiconductor ETF has a 12-month low of $315.05 and a 12-month high of $671.83. The business has a 50-day simple moving average of $568.58 and a 200 day simple moving average of $545.83.

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.