PFG Investments LLC Acquires 2,577 Shares of VanEck Semiconductor ETF $SMH

PFG Investments LLC raised its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 33.4% during the first quarter, according to its most recent filing with the SEC. The firm owned 10,292 shares of the company’s stock after purchasing an additional 2,577 shares during the period. PFG Investments LLC’s holdings in VanEck Semiconductor ETF were worth $3,946,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of SMH. Goodman Advisory Group LLC lifted 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 worth $122,000 after purchasing an additional 23 shares during the period. Brooklyn Investment Group increased its holdings in VanEck Semiconductor ETF by 2.2% during the fourth quarter. Brooklyn Investment Group now owns 1,192 shares of the company’s stock valued at $434,000 after buying an additional 26 shares during the period. Total Clarity Wealth Management Inc. increased its holdings in VanEck Semiconductor ETF by 1.1% during the first quarter. Total Clarity Wealth Management Inc. now owns 2,567 shares of the company’s stock valued at $984,000 after buying an additional 27 shares during the period. Red Door Wealth Management LLC raised its stake in VanEck Semiconductor ETF by 2.1% in the first quarter. Red Door Wealth Management LLC now owns 1,305 shares of the company’s stock worth $500,000 after buying an additional 27 shares in the last quarter. Finally, Armstrong Advisory Group Inc. raised its stake in VanEck Semiconductor ETF by 1.8% in the fourth quarter. Armstrong Advisory Group Inc. now owns 1,624 shares of the company’s stock worth $585,000 after buying an additional 29 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

VanEck Semiconductor ETF stock opened at $592.29 on Friday. The business has a fifty day moving average of $585.68 and a two-hundred day moving average of $463.36. The firm has a market cap of $69.65 billion, a P/E ratio of 34.83 and a beta of 1.71. VanEck Semiconductor ETF has a twelve month low of $278.55 and a twelve month high of $671.83.

About VanEck Semiconductor ETF

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.