MGB Wealth Management LLC Acquires 105 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

MGB Wealth Management LLC increased its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 2.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,737 shares of the company’s stock after buying an additional 105 shares during the period. MGB Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $1,066,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Advisory Alpha LLC grew its position in shares of VanEck Semiconductor ETF by 17.1% in the first quarter. Advisory Alpha LLC now owns 1,876 shares of the company’s stock valued at $422,000 after purchasing an additional 274 shares in the last quarter. DiNuzzo Private Wealth Inc. purchased a new position in VanEck Semiconductor ETF during the 1st quarter valued at about $161,000. Geneos Wealth Management Inc. grew its holdings in VanEck Semiconductor ETF by 28.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,125 shares of the company’s stock valued at $478,000 after buying an additional 475 shares in the last quarter. WBI Investments LLC bought a new stake in shares of VanEck Semiconductor ETF during the first quarter valued at about $355,000. Finally, Csenge Advisory Group lifted its holdings in shares of VanEck Semiconductor ETF by 276.7% in the first quarter. Csenge Advisory Group now owns 24,604 shares of the company’s stock worth $5,536,000 after buying an additional 18,073 shares in the last quarter.

VanEck Semiconductor ETF Stock Up 1.7 %

NASDAQ:SMH traded up $4.62 during mid-day trading on Friday, hitting $275.64. 4,050,062 shares of the stock traded hands, compared to its average volume of 8,061,568. The business’s 50-day moving average price is $250.65 and its 200 day moving average price is $219.75. The company has a market cap of $23.94 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 12-month low of $136.10 and a 12-month 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.