VanEck Semiconductor ETF (NASDAQ:SMH) Shares Bought by AE Wealth Management LLC

AE Wealth Management LLC raised its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 54.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,599 shares of the company’s stock after buying an additional 6,216 shares during the quarter. AE Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $4,588,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Silicon Valley Capital Partners acquired a new position in VanEck Semiconductor ETF in the first quarter valued at approximately $25,000. Chilton Capital Management LLC acquired a new position in shares of VanEck Semiconductor ETF in the 2nd quarter valued at $26,000. Innealta Capital LLC purchased a new position in shares of VanEck Semiconductor ETF during the 2nd quarter worth $28,000. TD Capital Management LLC acquired a new stake in shares of VanEck Semiconductor ETF during the 2nd quarter worth about $29,000. Finally, Creekmur Asset Management LLC purchased a new stake in VanEck Semiconductor ETF in the 4th quarter valued at about $30,000.

VanEck Semiconductor ETF Price Performance

NASDAQ SMH opened at $237.90 on Friday. The stock has a market capitalization of $21.40 billion, a P/E ratio of 18.82 and a beta of 1.35. The firm’s 50-day moving average is $237.84 and its two-hundred day moving average is $237.27. VanEck Semiconductor ETF has a 12 month low of $136.10 and a 12 month high of $283.07.

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.