VanEck Semiconductor ETF (NASDAQ:SMH) Shares Purchased by PFG Advisors

PFG Advisors grew its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 16.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 55,425 shares of the company’s stock after purchasing an additional 7,823 shares during the period. VanEck Semiconductor ETF accounts for 0.9% of PFG Advisors’ portfolio, making the stock its 18th biggest position. PFG Advisors owned approximately 0.06% of VanEck Semiconductor ETF worth $13,604,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Petredis Investment Advisors LLC grew its holdings in shares of VanEck Semiconductor ETF by 28.8% during the third quarter. Petredis Investment Advisors LLC now owns 29,645 shares of the company’s stock valued at $7,276,000 after purchasing an additional 6,633 shares during the last quarter. Magnus Financial Group LLC boosted its position in VanEck Semiconductor ETF by 8.2% during the 3rd quarter. Magnus Financial Group LLC now owns 2,418 shares of the company’s stock valued at $594,000 after purchasing an additional 183 shares during the period. NBC Securities Inc. grew its stake in VanEck Semiconductor ETF by 74.5% during the 3rd quarter. NBC Securities Inc. now owns 1,696 shares of the company’s stock worth $416,000 after buying an additional 724 shares during the last quarter. Iams Wealth Management LLC bought a new position in VanEck Semiconductor ETF during the 3rd quarter worth $829,000. Finally, Creative Planning increased its position in VanEck Semiconductor ETF by 2.6% in the third quarter. Creative Planning now owns 38,229 shares of the company’s stock worth $9,383,000 after buying an additional 963 shares during the period.

VanEck Semiconductor ETF Stock Performance

Shares of SMH opened at $247.16 on Wednesday. The firm has a fifty day moving average of $239.67 and a 200-day moving average of $240.27. The company has a market cap of $24.21 billion, a price-to-earnings 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.