8,745 Shares in VanEck Semiconductor ETF $SMH Acquired by Sacks & Associates LLC

Sacks & Associates LLC acquired a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 8,745 shares of the company’s stock, valued at approximately $5,326,000. VanEck Semiconductor ETF makes up about 3.8% of Sacks & Associates LLC’s portfolio, making the stock its 6th biggest position.

Several other large investors also recently added to or reduced their stakes in the business. Schuylkill Financial LLC acquired a new stake in shares of VanEck Semiconductor ETF in the second quarter worth about $2,262,000. Atomic Invest LLC increased its holdings in shares of VanEck Semiconductor ETF by 1,015.3% during the 2nd quarter. Atomic Invest LLC now owns 21,916 shares of the company’s stock valued at $13,855,000 after acquiring an additional 19,951 shares during the last quarter. NWF Advisory Services Inc. lifted its holdings in VanEck Semiconductor ETF by 9.2% in the 2nd quarter. NWF Advisory Services Inc. now owns 11,705 shares of the company’s stock worth $7,677,000 after purchasing an additional 986 shares during the last quarter. WealthBridge Capital Management LLC bought a new stake in shares of VanEck Semiconductor ETF during the 1st quarter worth $1,393,000. Finally, Kane Investment Management Inc. increased its stake in shares of VanEck Semiconductor ETF by 66.7% in the fourth quarter. Kane Investment Management Inc. now owns 2,689 shares of the company’s stock worth $968,000 after purchasing an additional 1,076 shares during the period.

VanEck Semiconductor ETF Stock Down 0.6%

SMH opened at $603.33 on Friday. VanEck Semiconductor ETF has a 12-month low of $315.05 and a 12-month high of $671.83. The stock’s 50 day moving average price is $578.77 and its two-hundred day moving average price is $554.38. The firm has a market capitalization of $74.26 billion, a P/E ratio of 34.83 and a beta of 1.73.

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.