Advance Capital Management Inc. Acquires New Shares in VanEck Semiconductor ETF (NASDAQ:SMH)

Advance Capital Management Inc. acquired a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) in the first quarter, according to its most recent filing with the SEC. The fund acquired 960 shares of the company’s stock, valued at approximately $216,000.

A number of other hedge funds have also bought and sold shares of the business. FinTrust Capital Advisors LLC grew its stake in VanEck Semiconductor ETF by 31.8% in the 4th quarter. FinTrust Capital Advisors LLC now owns 232 shares of the company’s stock valued at $41,000 after buying an additional 56 shares in the last quarter. Ausdal Financial Partners Inc. grew its stake in VanEck Semiconductor ETF by 0.5% in the 4th quarter. Ausdal Financial Partners Inc. now owns 12,513 shares of the company’s stock valued at $2,188,000 after buying an additional 60 shares in the last quarter. Advisory Alpha LLC grew its stake in VanEck Semiconductor ETF by 4.5% in the 4th quarter. Advisory Alpha LLC now owns 1,602 shares of the company’s stock valued at $280,000 after buying an additional 69 shares in the last quarter. Cadence Bank grew its position in shares of VanEck Semiconductor ETF by 4.7% during the 3rd quarter. Cadence Bank now owns 1,564 shares of the company’s stock valued at $227,000 after purchasing an additional 70 shares in the last quarter. Finally, Insigneo Advisory Services LLC grew its position in shares of VanEck Semiconductor ETF by 1.0% during the 3rd quarter. Insigneo Advisory Services LLC now owns 7,533 shares of the company’s stock valued at $1,092,000 after purchasing an additional 71 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

SMH opened at $276.76 on Thursday. The company has a fifty day moving average price of $233.44 and a 200-day moving average price of $209.03. The firm has a market capitalization of $23.38 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a one year low of $136.10 and a one year high of $278.27.

VanEck Semiconductor ETF Company 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.