Peak Planning Group LLC Takes Position in VanEck Semiconductor ETF $SMH

Peak Planning Group LLC bought a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 8,350 shares of the company’s stock, valued at approximately $3,007,000. VanEck Semiconductor ETF makes up 0.8% of Peak Planning Group LLC’s portfolio, making the stock its 23rd biggest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in SMH. AQR Capital Management LLC lifted its position in shares of VanEck Semiconductor ETF by 4.8% in the first quarter. AQR Capital Management LLC now owns 2,381 shares of the company’s stock valued at $504,000 after acquiring an additional 109 shares in the last quarter. Empowered Funds LLC lifted its position in shares of VanEck Semiconductor ETF by 32.5% in the first quarter. Empowered Funds LLC now owns 11,789 shares of the company’s stock valued at $2,493,000 after acquiring an additional 2,890 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of VanEck Semiconductor ETF by 28.6% in the second quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock valued at $133,000 after acquiring an additional 106 shares in the last quarter. First Trust Advisors LP purchased a new position in shares of VanEck Semiconductor ETF in the second quarter valued at approximately $370,000. Finally, Gamco Investors INC. ET AL purchased a new position in shares of VanEck Semiconductor ETF in the second quarter valued at approximately $1,116,000.

VanEck Semiconductor ETF Price Performance

NASDAQ SMH opened at $619.96 on Friday. VanEck Semiconductor ETF has a 1-year low of $256.05 and a 1-year high of $642.77. The company has a market cap of $72.03 billion, a PE ratio of 34.83 and a beta of 1.72. The stock’s 50 day simple moving average is $527.42 and its 200-day simple moving average is $434.76.

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.