Rik Saylor Financial Inc. bought a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) in the second quarter, Holdings Channel reports. The fund bought 12,920 shares of the company’s stock, valued at approximately $8,474,000. VanEck Semiconductor ETF makes up approximately 5.4% of Rik Saylor Financial Inc.’s investment portfolio, making the stock its 2nd biggest holding.
Several other institutional investors also recently modified their holdings of the stock. Berger Financial Group Inc boosted its stake in shares of VanEck Semiconductor ETF by 1.3% during the 1st quarter. Berger Financial Group Inc now owns 1,659 shares of the company’s stock worth $636,000 after acquiring an additional 21 shares in the last quarter. Goodman Advisory Group LLC boosted its position in shares of VanEck Semiconductor ETF by 7.8% in the 1st quarter. Goodman Advisory Group LLC now owns 318 shares of the company’s stock valued at $122,000 after purchasing an additional 23 shares during the period. Howe & Rusling Inc. increased its stake in VanEck Semiconductor ETF by 4.3% in the 1st quarter. Howe & Rusling Inc. now owns 612 shares of the company’s stock worth $235,000 after purchasing an additional 25 shares in the last quarter. Brooklyn Investment Group raised its holdings in VanEck Semiconductor ETF by 2.2% during the 4th 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 period. Finally, Total Clarity Wealth Management Inc. raised its holdings in VanEck Semiconductor ETF by 1.1% during the 1st quarter. Total Clarity Wealth Management Inc. now owns 2,567 shares of the company’s stock worth $984,000 after buying an additional 27 shares during the period.
VanEck Semiconductor ETF Price Performance
Shares of SMH opened at $552.60 on Friday. VanEck Semiconductor ETF has a one year low of $284.30 and a one year high of $671.83. The company has a 50-day moving average of $574.48 and a two-hundred day moving average of $520.84. The stock has a market cap of $69.43 billion, a price-to-earnings ratio of 34.83 and a beta of 1.73.
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.
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