SHP Wealth Management Makes New Investment in VanEck Semiconductor ETF $SMH

SHP Wealth Management acquired a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,187 shares of the company’s stock, valued at approximately $428,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SMH. Koenig Investment Advisory LLC acquired a new stake in shares of VanEck Semiconductor ETF during the fourth quarter worth $482,000. NWF Advisory Services Inc. increased its stake in VanEck Semiconductor ETF by 226.9% in the fourth quarter. NWF Advisory Services Inc. now owns 9,822 shares of the company’s stock valued at $3,537,000 after purchasing an additional 6,817 shares during the last quarter. CFO Capital Management LLC purchased a new position in VanEck Semiconductor ETF during the fourth quarter worth about $861,000. Sankala Group LLC purchased a new position in VanEck Semiconductor ETF during the fourth quarter worth about $670,000. Finally, Arwa LLC acquired a new stake in VanEck Semiconductor ETF in the 4th quarter worth about $385,000.

VanEck Semiconductor ETF Stock Performance

VanEck Semiconductor ETF stock opened at $659.88 on Friday. The company has a market cap of $76.67 billion, a price-to-earnings ratio of 34.83 and a beta of 1.72. The firm has a 50 day moving average price of $551.49 and a 200 day moving average price of $445.11. VanEck Semiconductor ETF has a 1 year low of $257.12 and a 1 year high of $663.80.

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.