Wealth Enhancement Advisory Services LLC Increases Position in VanEck Semiconductor ETF $SMH

Wealth Enhancement Advisory Services LLC lifted its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 8.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 35,073 shares of the company’s stock after buying an additional 2,670 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in VanEck Semiconductor ETF were worth $13,595,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Wedmont Private Capital grew its stake in shares of VanEck Semiconductor ETF by 7.7% in the 4th quarter. Wedmont Private Capital now owns 4,598 shares of the company’s stock valued at $1,770,000 after purchasing an additional 329 shares during the last quarter. Hutchens & Kramer Investment Management Group LLC purchased a new position in VanEck Semiconductor ETF in the 4th quarter valued at $546,000. Maridea Wealth Management LLC increased its stake in VanEck Semiconductor ETF by 29.3% in the 4th quarter. Maridea Wealth Management LLC now owns 9,559 shares of the company’s stock valued at $3,442,000 after buying an additional 2,165 shares during the period. Procyon Advisors LLC purchased a new position in VanEck Semiconductor ETF during the 4th quarter worth $479,000. Finally, Magnus Financial Group LLC lifted its stake in shares of VanEck Semiconductor ETF by 8.1% in the 4th quarter. Magnus Financial Group LLC now owns 5,640 shares of the company’s stock worth $2,031,000 after acquiring an additional 425 shares during the period.

VanEck Semiconductor ETF Stock Performance

SMH stock opened at $380.73 on Friday. The stock has a market capitalization of $41.61 billion, a PE ratio of 34.83 and a beta of 1.52. The company has a fifty day moving average of $401.00 and a 200-day moving average of $366.31. VanEck Semiconductor ETF has a one year low of $170.11 and a one year high of $427.94.

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.