123,870 Shares in VanEck Semiconductor ETF (NASDAQ:SMH) Purchased by Strategic Financial Concepts LLC

Strategic Financial Concepts LLC acquired a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 123,870 shares of the company’s stock, valued at approximately $32,293,000. Strategic Financial Concepts LLC owned approximately 0.14% of VanEck Semiconductor ETF at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in SMH. Silicon Valley Capital Partners bought a new stake in shares of VanEck Semiconductor ETF during the first quarter valued at approximately $25,000. Chilton Capital Management LLC bought a new stake in VanEck Semiconductor ETF during the 2nd quarter valued at $26,000. Innealta Capital LLC purchased a new stake in shares of VanEck Semiconductor ETF in the 2nd quarter worth $28,000. TD Capital Management LLC bought a new position in shares of VanEck Semiconductor ETF during the 2nd quarter worth $29,000. Finally, Creekmur Asset Management LLC purchased a new position in shares of VanEck Semiconductor ETF during the fourth quarter valued at $30,000.

VanEck Semiconductor ETF Stock Performance

Shares of SMH opened at $215.00 on Friday. The company has a 50 day moving average price of $245.55 and a 200-day moving average price of $235.84. VanEck Semiconductor ETF has a fifty-two week low of $136.10 and a fifty-two week high of $283.07. The stock has a market capitalization of $19.34 billion, a PE ratio of 18.82 and a beta of 1.35.

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.