Tcfg Wealth Management LLC Buys 50 Shares of VanEck Semiconductor ETF $SMH

Tcfg Wealth Management LLC increased its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 2.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,110 shares of the company’s stock after purchasing an additional 50 shares during the quarter. Tcfg Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $588,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. MADDEN SECURITIES Corp raised its stake in VanEck Semiconductor ETF by 28.8% during the 2nd quarter. MADDEN SECURITIES Corp now owns 10,889 shares of the company’s stock valued at $3,037,000 after buying an additional 2,434 shares during the last quarter. Trueblood Wealth Management LLC grew its holdings in shares of VanEck Semiconductor ETF by 11.1% in the second quarter. Trueblood Wealth Management LLC now owns 1,491 shares of the company’s stock worth $416,000 after acquiring an additional 149 shares during the period. Regency Capital Management Inc. DE bought a new stake in shares of VanEck Semiconductor ETF in the second quarter worth $795,000. Belpointe Asset Management LLC increased its position in VanEck Semiconductor ETF by 9.4% during the second quarter. Belpointe Asset Management LLC now owns 10,026 shares of the company’s stock valued at $2,796,000 after acquiring an additional 858 shares during the last quarter. Finally, Valley National Advisers Inc. lifted its holdings in VanEck Semiconductor ETF by 5.0% in the second quarter. Valley National Advisers Inc. now owns 8,821 shares of the company’s stock valued at $2,459,000 after acquiring an additional 421 shares during the period.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ:SMH opened at $343.38 on Tuesday. The stock’s 50-day simple moving average is $302.98 and its two-hundred day simple moving average is $263.33. The stock has a market capitalization of $33.61 billion, a price-to-earnings ratio of 34.83 and a beta of 1.35. VanEck Semiconductor ETF has a 52-week low of $170.11 and a 52-week high of $348.53.

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.