Axxcess Wealth Management LLC Has $375,000 Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Axxcess Wealth Management LLC increased its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 13.8% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 1,667 shares of the company’s stock after purchasing an additional 202 shares during the quarter. Axxcess Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $375,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Macroview Investment Management LLC increased its position in shares of VanEck Semiconductor ETF by 245.2% during the fourth quarter. Macroview Investment Management LLC now owns 145 shares of the company’s stock valued at $25,000 after purchasing an additional 103 shares during the period. Silicon Valley Capital Partners acquired a new stake in VanEck Semiconductor ETF in the 1st quarter valued at $25,000. Creekmur Asset Management LLC acquired a new stake in VanEck Semiconductor ETF in the 4th quarter valued at $30,000. FinTrust Capital Advisors LLC boosted its stake in VanEck Semiconductor ETF by 31.8% in the 4th quarter. FinTrust Capital Advisors LLC now owns 232 shares of the company’s stock valued at $41,000 after buying an additional 56 shares in the last quarter. Finally, Eagle Bay Advisors LLC acquired a new stake in VanEck Semiconductor ETF in the 1st quarter valued at $44,000.

VanEck Semiconductor ETF Trading Up 1.6 %

SMH stock traded up $3.75 during trading on Friday, hitting $240.31. The company had a trading volume of 7,325,633 shares, compared to its average volume of 8,256,261. The company has a fifty day moving average price of $257.41 and a two-hundred day moving average price of $226.15. The company has a market cap of $20.78 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a fifty-two week low of $136.10 and a fifty-two week high of $283.07.

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.