980 Shares in VanEck Semiconductor ETF (NASDAQ:SMH) Purchased by Altus Wealth Group LLC

Altus Wealth Group LLC bought a new position in VanEck Semiconductor ETF (NASDAQ:SMH) in the second quarter, according to its most recent disclosure with the SEC. The firm bought 980 shares of the company’s stock, valued at approximately $255,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Silicon Valley Capital Partners acquired a new stake in shares of VanEck Semiconductor ETF during the 1st quarter worth about $25,000. Chilton Capital Management LLC purchased a new stake in shares of VanEck Semiconductor ETF in the second quarter valued at about $26,000. Innealta Capital LLC acquired a new position in VanEck Semiconductor ETF during the 2nd quarter worth approximately $28,000. Creekmur Asset Management LLC acquired a new position in VanEck Semiconductor ETF during the fourth quarter worth $30,000. Finally, Pineridge Advisors LLC lifted its stake in shares of VanEck Semiconductor ETF by 294.1% in the first quarter. Pineridge Advisors LLC now owns 134 shares of the company’s stock valued at $30,000 after purchasing an additional 100 shares during the period.

VanEck Semiconductor ETF Stock Performance

Shares of SMH stock opened at $224.26 on Friday. The stock has a fifty day moving average price of $246.47 and a 200 day moving average price of $235.48. VanEck Semiconductor ETF has a 1 year low of $136.10 and a 1 year high of $283.07. The stock has a market cap of $20.17 billion, a PE ratio of 18.82 and a beta of 1.35.

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.