CDM Financial Counseling Services Inc. Takes $915,000 Position in VanEck Semiconductor ETF $SMH

CDM Financial Counseling Services Inc. acquired a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 2,540 shares of the company’s stock, valued at approximately $915,000. VanEck Semiconductor ETF makes up 0.9% of CDM Financial Counseling Services Inc.’s holdings, making the stock its 27th biggest holding.

Other institutional investors also recently made changes to their positions in the company. WealthCollab LLC purchased a new stake in shares of VanEck Semiconductor ETF during the 4th quarter valued at $28,000. Grey Fox Wealth Advisors LLC purchased a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter valued at $31,000. CENTRAL TRUST Co grew its stake in shares of VanEck Semiconductor ETF by 66.7% during the 4th quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock valued at $43,000 after buying an additional 48 shares during the period. Root Financial Partners LLC purchased a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter worth about $39,000. Finally, Olistico Wealth LLC purchased a new stake in shares of VanEck Semiconductor ETF during the 4th quarter worth about $44,000.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ:SMH opened at $556.34 on Monday. VanEck Semiconductor ETF has a 1 year low of $234.59 and a 1 year high of $581.17. The stock has a market capitalization of $64.64 billion, a P/E ratio of 34.83 and a beta of 1.70. The stock has a 50-day simple moving average of $446.91 and a 200-day simple moving average of $401.51.

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.