VanEck Semiconductor ETF (NASDAQ:SMH) Shares Purchased by Westwood Wealth Management

Westwood Wealth Management raised its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 9.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 17,290 shares of the company’s stock after buying an additional 1,500 shares during the period. VanEck Semiconductor ETF comprises about 1.7% of Westwood Wealth Management’s portfolio, making the stock its 13th largest holding. Westwood Wealth Management’s holdings in VanEck Semiconductor ETF were worth $4,508,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of SMH. Piscataqua Savings Bank grew its stake in VanEck Semiconductor ETF by 1.0% during the 2nd quarter. Piscataqua Savings Bank now owns 4,050 shares of the company’s stock valued at $1,056,000 after acquiring an additional 41 shares in the last quarter. Macroview Investment Management LLC grew its position in shares of VanEck Semiconductor ETF by 21.5% in the second quarter. Macroview Investment Management LLC now owns 271 shares of the company’s stock valued at $71,000 after purchasing an additional 48 shares in the last quarter. Choreo LLC increased its holdings in shares of VanEck Semiconductor ETF by 1.1% in the first quarter. Choreo LLC now owns 4,891 shares of the company’s stock valued at $1,100,000 after purchasing an additional 54 shares during the last quarter. FinTrust Capital Advisors LLC lifted its position in VanEck Semiconductor ETF by 31.8% during the fourth quarter. FinTrust Capital Advisors LLC now owns 232 shares of the company’s stock worth $41,000 after buying an additional 56 shares in the last quarter. Finally, Cascade Investment Group Inc. boosted its stake in VanEck Semiconductor ETF by 4.4% during the second quarter. Cascade Investment Group Inc. now owns 1,324 shares of the company’s stock worth $345,000 after buying an additional 56 shares during the last quarter.

VanEck Semiconductor ETF Stock Up 0.4 %

Shares of NASDAQ:SMH opened at $238.95 on Tuesday. VanEck Semiconductor ETF has a 52-week low of $136.10 and a 52-week high of $283.07. The stock has a market cap of $21.49 billion, a P/E ratio of 18.82 and a beta of 1.35. The business has a fifty day moving average of $237.14 and a two-hundred day moving average of $237.38.

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.