First Command Advisory Services Inc. Acquires Shares of 237 VanEck Semiconductor ETF $SMH

First Command Advisory Services Inc. acquired a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 237 shares of the company’s stock, valued at approximately $66,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. increased its holdings in VanEck Semiconductor ETF by 46.1% in the first quarter. Goldman Sachs Group Inc. now owns 2,873,885 shares of the company’s stock valued at $607,740,000 after buying an additional 907,073 shares in the last quarter. Menora Mivtachim Holdings LTD. increased its holdings in VanEck Semiconductor ETF by 48.1% in the first quarter. Menora Mivtachim Holdings LTD. now owns 496,500 shares of the company’s stock valued at $104,995,000 after buying an additional 161,350 shares in the last quarter. Meitav Investment House Ltd. increased its holdings in VanEck Semiconductor ETF by 26.0% in the second quarter. Meitav Investment House Ltd. now owns 475,332 shares of the company’s stock valued at $132,605,000 after buying an additional 97,941 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in VanEck Semiconductor ETF by 24.3% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 447,294 shares of the company’s stock valued at $94,589,000 after buying an additional 87,395 shares in the last quarter. Finally, Cetera Investment Advisers increased its holdings in VanEck Semiconductor ETF by 4.8% in the first quarter. Cetera Investment Advisers now owns 389,916 shares of the company’s stock valued at $82,455,000 after buying an additional 17,940 shares in the last quarter.

VanEck Semiconductor ETF Stock Up 2.5%

SMH stock opened at $359.94 on Tuesday. The stock has a market capitalization of $35.86 billion, a P/E ratio of 34.83 and a beta of 1.35. The firm has a 50-day simple moving average of $317.82 and a 200-day simple moving average of $277.66. VanEck Semiconductor ETF has a 52 week low of $170.11 and a 52 week high of $360.60.

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.