NWF Advisory Services Inc. Has $4.11 Million Stake in VanEck Semiconductor ETF $SMH

NWF Advisory Services Inc. increased its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 9.1% during the first quarter, HoldingsChannel.com reports. The fund owned 10,719 shares of the company’s stock after purchasing an additional 897 shares during the period. NWF Advisory Services Inc.’s holdings in VanEck Semiconductor ETF were worth $4,110,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. WealthCollab LLC bought a new position in shares of VanEck Semiconductor ETF in the fourth quarter worth about $28,000. Investment Counsel Co. of Nevada acquired a new position in VanEck Semiconductor ETF during the 4th quarter valued at $35,000. Core Wealth Advisors LLC bought a new stake in VanEck Semiconductor ETF in the 4th quarter valued at $36,000. Jessup Wealth Management Inc bought a new stake in VanEck Semiconductor ETF in the 4th quarter valued at $40,000. Finally, CENTRAL TRUST Co boosted its holdings in VanEck Semiconductor ETF by 66.7% in the 4th quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock valued at $43,000 after purchasing an additional 48 shares during the period.

VanEck Semiconductor ETF Trading Down 4.1%

Shares of NASDAQ:SMH opened at $585.86 on Tuesday. VanEck Semiconductor ETF has a 1-year low of $279.19 and a 1-year high of $671.83. The firm has a market capitalization of $70.39 billion, a PE ratio of 34.83 and a beta of 1.71. The business’s 50 day moving average is $597.51 and its 200-day moving average is $474.46.

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.