NWF Advisory Services Inc. Boosts Holdings in VanEck Semiconductor ETF $SMH

NWF Advisory Services Inc. boosted its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 9.2% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 11,705 shares of the company’s stock after buying an additional 986 shares during the quarter. NWF Advisory Services Inc.’s holdings in VanEck Semiconductor ETF were worth $7,677,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. 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 during the last quarter. Goodman Advisory Group LLC grew its position in shares of VanEck Semiconductor ETF by 7.8% during the 1st quarter. Goodman Advisory Group LLC now owns 318 shares of the company’s stock valued at $122,000 after acquiring an additional 23 shares during the period. Howe & Rusling Inc. increased its stake in shares of 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 increased its stake in shares of VanEck Semiconductor ETF by 2.2% in the 4th quarter. Brooklyn Investment Group now owns 1,192 shares of the company’s stock worth $434,000 after purchasing an additional 26 shares in the last quarter. Finally, Total Clarity Wealth Management Inc. increased its stake in shares of VanEck Semiconductor ETF by 1.1% in the 1st quarter. Total Clarity Wealth Management Inc. now owns 2,567 shares of the company’s stock worth $984,000 after purchasing an additional 27 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of VanEck Semiconductor ETF stock opened at $552.60 on Friday. The stock has a market cap of $69.43 billion, a P/E ratio of 34.83 and a beta of 1.73. The stock’s fifty day moving average is $574.48 and its 200 day moving average is $520.84. VanEck Semiconductor ETF has a one year low of $284.30 and a one year high of $671.83.

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.