Wealth Enhancement Advisory Services LLC Increases Stock Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Wealth Enhancement Advisory Services LLC raised its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 13.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 23,616 shares of the company’s stock after buying an additional 2,725 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in VanEck Semiconductor ETF were worth $5,797,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Chilton Capital Management LLC purchased a new position in VanEck Semiconductor ETF during the second quarter valued at $26,000. Mendota Financial Group LLC purchased a new position in shares of VanEck Semiconductor ETF in the 3rd quarter worth about $25,000. Innealta Capital LLC purchased a new position in shares of VanEck Semiconductor ETF in the 2nd quarter worth about $28,000. TD Capital Management LLC purchased a new position in shares of VanEck Semiconductor ETF in the 2nd quarter worth about $29,000. Finally, Olistico Wealth LLC purchased a new position in shares of VanEck Semiconductor ETF in the 2nd quarter worth about $31,000.

VanEck Semiconductor ETF Price Performance

SMH opened at $250.68 on Thursday. The stock has a 50-day moving average price of $242.91 and a 200-day moving average price of $242.28. The firm has a market cap of $24.78 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 1 year low of $136.10 and a 1 year high of $283.07.

VanEck Semiconductor ETF Company 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.