COFG Advisors LLC Invests $767,000 in VanEck Semiconductor ETF $SMH

COFG Advisors LLC bought a new position in VanEck Semiconductor ETF (NASDAQ:SMH) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 2,129 shares of the company’s stock, valued at approximately $767,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. WealthCollab LLC bought a new position in VanEck Semiconductor ETF in the 4th quarter worth about $28,000. Core Wealth Advisors LLC bought a new position in VanEck Semiconductor ETF in the 4th quarter worth about $36,000. CENTRAL TRUST Co boosted its stake in VanEck Semiconductor ETF by 66.7% in the 4th quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock worth $43,000 after purchasing an additional 48 shares in the last quarter. Caitlin John LLC bought a new position in VanEck Semiconductor ETF in the 3rd quarter worth about $44,000. Finally, Olistico Wealth LLC bought a new position in VanEck Semiconductor ETF in the 4th quarter worth about $44,000.

VanEck Semiconductor ETF Price Performance

Shares of VanEck Semiconductor ETF stock opened at $607.81 on Tuesday. The stock has a market cap of $70.62 billion, a price-to-earnings ratio of 34.83 and a beta of 1.70. The firm’s 50-day moving average is $488.03 and its 200 day moving average is $418.65. VanEck Semiconductor ETF has a 1 year low of $238.96 and a 1 year high of $613.43.

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.