Apex Wealth Management LLC Purchases New Holdings in VanEck Semiconductor ETF $SMH

Apex Wealth Management LLC purchased a new position in VanEck Semiconductor ETF (NASDAQ:SMH) during the second quarter, Holdings Channel reports. The fund purchased 5,250 shares of the company’s stock, valued at approximately $1,464,000. VanEck Semiconductor ETF makes up about 1.2% of Apex Wealth Management LLC’s holdings, making the stock its 26th largest position.

A number of other large investors have also bought and sold shares of SMH. Grove Bank & Trust purchased a new stake in VanEck Semiconductor ETF in the 2nd quarter worth about $25,000. Trust Co. of Toledo NA OH bought a new stake in VanEck Semiconductor ETF during the second quarter valued at $25,000. Banque Transatlantique SA purchased a new position in shares of VanEck Semiconductor ETF during the first quarter worth about $27,000. UMB Bank n.a. bought a new position in shares of VanEck Semiconductor ETF in the 2nd quarter worth $28,000. Finally, Hilltop National Bank bought a new stake in VanEck Semiconductor ETF during the second quarter worth about $28,000.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ SMH opened at $351.05 on Wednesday. The stock has a market capitalization of $35.24 billion, a P/E ratio of 34.83 and a beta of 1.52. The firm’s 50 day simple moving average is $332.44 and its two-hundred day simple moving average is $290.63. VanEck Semiconductor ETF has a one year low of $170.11 and a one year high of $372.78.

VanEck Semiconductor ETF 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.