NWF Advisory Services Inc. Grows Stock Holdings in VanEck Semiconductor ETF $SMH

NWF Advisory Services Inc. boosted its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 9.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,705 shares of the company’s stock after purchasing an additional 986 shares during the period. NWF Advisory Services Inc.’s holdings in VanEck Semiconductor ETF were worth $7,677,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Allied Private Wealth LLC bought a new stake in VanEck Semiconductor ETF in the 2nd quarter worth approximately $26,000. MassMutual Private Wealth & Trust FSB bought a new position in shares of VanEck Semiconductor ETF during the 2nd quarter valued at $30,000. Investment Counsel Co. of Nevada bought a new position in shares of VanEck Semiconductor ETF during the 4th quarter valued at $35,000. Core Wealth Advisors LLC purchased a new position in shares of VanEck Semiconductor ETF in the 4th quarter worth $36,000. Finally, Resources Management Corp CT ADV purchased a new position in shares of VanEck Semiconductor ETF in the 1st quarter worth $38,000.

VanEck Semiconductor ETF Price Performance

Shares of SMH opened at $552.60 on Friday. VanEck Semiconductor ETF has a one year low of $284.30 and a one year high of $671.83. The firm has a market capitalization of $69.43 billion, a P/E ratio of 34.83 and a beta of 1.73. The business has a fifty day moving average of $574.48 and a 200 day moving average of $520.84.

About VanEck Semiconductor ETF

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.