Flagship Wealth Advisors LLC Purchases 2,090 Shares of VanEck Semiconductor ETF $SMH

Flagship Wealth Advisors LLC raised its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 49.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,333 shares of the company’s stock after buying an additional 2,090 shares during the quarter. Flagship Wealth Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $2,281,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the stock. Flagstar Advisors Inc. boosted its holdings in VanEck Semiconductor ETF by 68.2% in the fourth quarter. Flagstar Advisors Inc. now owns 5,910 shares of the company’s stock worth $2,128,000 after acquiring an additional 2,396 shares in the last quarter. Bright Futures Wealth Management LLC. purchased a new stake in VanEck Semiconductor ETF during the third quarter valued at $1,934,000. Mezzasalma Advisors LLC increased its position in VanEck Semiconductor ETF by 67.9% during the fourth quarter. Mezzasalma Advisors LLC now owns 15,159 shares of the company’s stock valued at $5,459,000 after acquiring an additional 6,130 shares during the last quarter. Assetmark Inc. increased its position in VanEck Semiconductor ETF by 24.9% during the fourth quarter. Assetmark Inc. now owns 62,474 shares of the company’s stock valued at $22,499,000 after acquiring an additional 12,467 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in VanEck Semiconductor ETF by 58.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 32,481 shares of the company’s stock valued at $11,697,000 after acquiring an additional 11,973 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

VanEck Semiconductor ETF stock opened at $569.69 on Friday. The stock has a market cap of $66.19 billion, a PE ratio of 34.83 and a beta of 1.72. VanEck Semiconductor ETF has a one year low of $252.64 and a one year high of $642.77. The stock has a fifty day moving average of $505.49 and a 200 day moving average of $425.49.

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.