Silver Oak Securities Incorporated Grows Stock Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Silver Oak Securities Incorporated grew its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 23.3% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,114 shares of the company’s stock after buying an additional 400 shares during the period. Silver Oak Securities Incorporated’s holdings in VanEck Semiconductor ETF were worth $449,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of SMH. Calamos Wealth Management LLC purchased a new stake in VanEck Semiconductor ETF during the first quarter valued at approximately $941,000. TKG Advisors LLC increased its position in shares of VanEck Semiconductor ETF by 3.0% during the first quarter. TKG Advisors LLC now owns 15,985 shares of the company’s stock worth $3,380,000 after purchasing an additional 460 shares in the last quarter. Mutual Advisors LLC lifted its holdings in shares of VanEck Semiconductor ETF by 83.8% during the 1st quarter. Mutual Advisors LLC now owns 16,250 shares of the company’s stock valued at $3,445,000 after purchasing an additional 7,409 shares during the last quarter. Clarity Capital Partners LLC boosted its position in shares of VanEck Semiconductor ETF by 7.9% in the 1st quarter. Clarity Capital Partners LLC now owns 1,695 shares of the company’s stock worth $358,000 after purchasing an additional 124 shares in the last quarter. Finally, Able Wealth Management LLC grew its stake in VanEck Semiconductor ETF by 18.5% during the 1st quarter. Able Wealth Management LLC now owns 5,609 shares of the company’s stock worth $1,186,000 after buying an additional 876 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ SMH opened at $283.91 on Friday. VanEck Semiconductor ETF has a fifty-two week low of $170.11 and a fifty-two week high of $285.19. The company has a market cap of $26.83 billion, a PE ratio of 34.83 and a beta of 1.35. The business has a 50-day simple moving average of $248.65 and a two-hundred day simple moving average of $237.43.

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.