New England Private Wealth Advisors LLC Buys Shares of 1,650 VanEck Semiconductor ETF (NASDAQ:SMH)

New England Private Wealth Advisors LLC bought a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) in the fourth quarter, Holdings Channel.com reports. The firm bought 1,650 shares of the company’s stock, valued at approximately $289,000.

Other institutional investors also recently made changes to their positions in the company. Ausdal Financial Partners Inc. raised its holdings in shares of VanEck Semiconductor ETF by 0.5% during the fourth quarter. Ausdal Financial Partners Inc. now owns 12,513 shares of the company’s stock valued at $2,188,000 after acquiring an additional 60 shares during the period. Advisory Alpha LLC raised its holdings in shares of VanEck Semiconductor ETF by 4.5% during the fourth quarter. Advisory Alpha LLC now owns 1,602 shares of the company’s stock valued at $280,000 after acquiring an additional 69 shares during the period. Cadence Bank raised its holdings in shares of VanEck Semiconductor ETF by 4.7% during the third quarter. Cadence Bank now owns 1,564 shares of the company’s stock valued at $227,000 after acquiring an additional 70 shares during the period. Insigneo Advisory Services LLC raised its holdings in shares of VanEck Semiconductor ETF by 1.0% during the third quarter. Insigneo Advisory Services LLC now owns 7,533 shares of the company’s stock valued at $1,092,000 after acquiring an additional 71 shares during the period. Finally, Ranch Capital Advisors Inc. raised its holdings in shares of VanEck Semiconductor ETF by 3.4% during the third quarter. Ranch Capital Advisors Inc. now owns 2,257 shares of the company’s stock valued at $327,000 after acquiring an additional 74 shares during the period.

VanEck Semiconductor ETF Price Performance

SMH traded up $5.44 on Friday, reaching $217.64. 6,314,581 shares of the company traded hands, compared to its average volume of 8,718,253. The stock’s 50 day moving average price is $217.94 and its 200-day moving average price is $185.44. VanEck Semiconductor ETF has a 52-week low of $118.57 and a 52-week high of $239.14. The company has a market cap of $18.34 billion, a price-to-earnings ratio of 17.70 and a beta of 1.35.

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.