VanEck Semiconductor ETF $SMH Shares Purchased by PCG Wealth Advisors LLC

PCG Wealth Advisors LLC boosted its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 11.8% during the second quarter, HoldingsChannel.com reports. The firm owned 13,707 shares of the company’s stock after acquiring an additional 1,447 shares during the period. VanEck Semiconductor ETF makes up about 2.0% of PCG Wealth Advisors LLC’s portfolio, making the stock its 9th largest holding. PCG Wealth Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $8,990,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Allied Private Wealth LLC bought a new stake in VanEck Semiconductor ETF in the second quarter worth $26,000. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of VanEck Semiconductor ETF in the second quarter worth $30,000. Timbuktu Capital Management LLC acquired a new stake in shares of VanEck Semiconductor ETF in the second quarter worth $33,000. Investment Counsel Co. of Nevada bought a new stake in shares of VanEck Semiconductor ETF during the 4th quarter worth $35,000. Finally, Core Wealth Advisors LLC bought a new stake in shares of VanEck Semiconductor ETF during the 4th quarter worth $36,000.

VanEck Semiconductor ETF Price Performance

SMH stock opened at $567.01 on Friday. VanEck Semiconductor ETF has a 52-week low of $289.25 and a 52-week high of $671.83. The company has a 50-day moving average of $573.59 and a two-hundred day moving average of $521.16. The stock has a market capitalization of $71.24 billion, a price-to-earnings ratio of 34.83 and a beta of 1.73.

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.