Petredis Investment Advisors LLC Purchases 1,161 Shares of VanEck Semiconductor ETF $SMH

Petredis Investment Advisors LLC increased its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 2.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,188 shares of the company’s stock after purchasing an additional 1,161 shares during the period. VanEck Semiconductor ETF makes up approximately 1.4% of Petredis Investment Advisors LLC’s holdings, making the stock its 16th biggest position. Petredis Investment Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $17,708,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of SMH. Brooklyn Investment Group raised its holdings in VanEck Semiconductor ETF by 2.2% in the fourth quarter. Brooklyn Investment Group now owns 1,192 shares of the company’s stock worth $434,000 after buying an additional 26 shares during the last quarter. Armstrong Advisory Group Inc. grew its holdings in shares of VanEck Semiconductor ETF by 1.8% during the fourth quarter. Armstrong Advisory Group Inc. now owns 1,624 shares of the company’s stock valued at $585,000 after buying an additional 29 shares during the last quarter. Johnson Investment Counsel Inc. grew its holdings in shares of VanEck Semiconductor ETF by 3.6% during the fourth quarter. Johnson Investment Counsel Inc. now owns 844 shares of the company’s stock valued at $304,000 after buying an additional 29 shares during the last quarter. Arkadios Wealth Advisors increased its position in shares of VanEck Semiconductor ETF by 0.3% during the fourth quarter. Arkadios Wealth Advisors now owns 8,670 shares of the company’s stock valued at $3,122,000 after acquiring an additional 30 shares in the last quarter. Finally, One Capital Management LLC increased its position in shares of VanEck Semiconductor ETF by 0.3% during the fourth quarter. One Capital Management LLC now owns 11,036 shares of the company’s stock valued at $3,974,000 after acquiring an additional 31 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ SMH opened at $659.88 on Monday. VanEck Semiconductor ETF has a twelve month low of $257.12 and a twelve month high of $663.80. The firm has a market cap of $76.67 billion, a P/E ratio of 34.83 and a beta of 1.72. The company has a 50 day moving average of $551.49 and a 200 day moving average of $445.76.

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.