Pinnacle Wealth Management Advisory Group LLC Grows Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Pinnacle Wealth Management Advisory Group LLC boosted its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 6.5% during the second quarter, Holdings Channel.com reports. The fund owned 2,606 shares of the company’s stock after acquiring an additional 160 shares during the quarter. Pinnacle Wealth Management Advisory Group LLC’s holdings in VanEck Semiconductor ETF were worth $679,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in SMH. Jane Street Group LLC grew its position in shares of VanEck Semiconductor ETF by 20.9% during the first quarter. Jane Street Group LLC now owns 6,044,932 shares of the company’s stock worth $1,360,049,000 after purchasing an additional 1,045,570 shares in the last quarter. Saudi Central Bank purchased a new stake in VanEck Semiconductor ETF during the 4th quarter valued at approximately $105,273,000. Himension Capital Singapore PTE. LTD. raised its position in shares of VanEck Semiconductor ETF by 358.4% during the fourth quarter. Himension Capital Singapore PTE. LTD. now owns 318,624 shares of the company’s stock valued at $55,718,000 after buying an additional 249,112 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of VanEck Semiconductor ETF by 5.2% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 310,506 shares of the company’s stock worth $69,861,000 after buying an additional 15,316 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in shares of VanEck Semiconductor ETF by 1,172.6% during the first quarter. Cetera Investment Advisers now owns 290,347 shares of the company’s stock worth $65,325,000 after acquiring an additional 267,531 shares during the last quarter.

VanEck Semiconductor ETF Trading Up 2.5 %

SMH traded up $5.97 during trading on Friday, hitting $248.39. 6,933,374 shares of the company traded hands, compared to its average volume of 8,520,102. The company has a market cap of $22.34 billion, a PE ratio of 18.82 and a beta of 1.35. The stock’s 50-day simple moving average is $251.86 and its two-hundred day simple moving average is $233.51. 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.