Orgel Wealth Management LLC Takes Position in VanEck Semiconductor ETF $SMH

Orgel Wealth Management LLC purchased a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 1,509 shares of the company’s stock, valued at approximately $543,000.

A number of other institutional investors have also recently added to or reduced their stakes in SMH. Wealth Enhancement Advisory Services LLC raised its stake in VanEck Semiconductor ETF by 5.4% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 32,403 shares of the company’s stock worth $10,921,000 after purchasing an additional 1,666 shares during the period. Bright Futures Wealth Management LLC. purchased a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter valued at approximately $1,934,000. Element Wealth LLC acquired a new position in VanEck Semiconductor ETF in the third quarter valued at approximately $515,000. Farther Finance Advisors LLC lifted its holdings in VanEck Semiconductor ETF by 136.2% in the third quarter. Farther Finance Advisors LLC now owns 10,450 shares of the company’s stock valued at $3,407,000 after acquiring an additional 6,026 shares during the last quarter. Finally, Carter Financial Group INC. purchased a new position in VanEck Semiconductor ETF in the second quarter worth approximately $1,072,000.

VanEck Semiconductor ETF Stock Down 2.6%

SMH stock opened at $384.74 on Friday. VanEck Semiconductor ETF has a 52-week low of $170.11 and a 52-week high of $427.94. The stock has a market cap of $42.05 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52. The business has a fifty day moving average of $401.03 and a two-hundred day moving average of $363.47.

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.