Telos Capital Management Inc. Makes New Investment in VanEck Semiconductor ETF $SMH

Telos Capital Management Inc. purchased a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 6,234 shares of the company’s stock, valued at approximately $3,797,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Kaydan Wealth Management Inc. lifted its holdings in shares of VanEck Semiconductor ETF by 3.6% during the 3rd quarter. Kaydan Wealth Management Inc. now owns 520 shares of the company’s stock worth $317,000 after acquiring an additional 18 shares during the period. Pinnacle Wealth Management Advisory Group LLC increased its stake in VanEck Semiconductor ETF by 0.6% in the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,472 shares of the company’s stock valued at $2,277,000 after acquiring an additional 21 shares during the last quarter. Lantern Wealth Advisors LLC increased its stake in VanEck Semiconductor ETF by 2.1% in the third quarter. Lantern Wealth Advisors LLC now owns 1,030 shares of the company’s stock valued at $627,000 after acquiring an additional 21 shares during the last quarter. JSF Financial LLC increased its stake in VanEck Semiconductor ETF by 2.7% in the first quarter. JSF Financial LLC now owns 1,071 shares of the company’s stock valued at $411,000 after acquiring an additional 28 shares during the last quarter. Finally, Leigh Baldwin & CO. LLC raised its position in VanEck Semiconductor ETF by 2.1% during the first quarter. Leigh Baldwin & CO. LLC now owns 1,455 shares of the company’s stock valued at $558,000 after purchasing an additional 30 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

NASDAQ SMH opened at $446.05 on Friday. The business has a fifty day moving average price of $567.78 and a two-hundred day moving average price of $520.19. VanEck Semiconductor ETF has a fifty-two week low of $315.05 and a fifty-two week high of $671.83. The stock has a market capitalization of $56.64 billion, a PE ratio of 34.83 and a beta of 1.78.

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.