Axiom Advisory LLC Grows Stock Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Axiom Advisory LLC increased its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 20.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,856 shares of the company’s stock after purchasing an additional 319 shares during the period. Axiom Advisory LLC’s holdings in VanEck Semiconductor ETF were worth $451,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Silicon Valley Capital Partners acquired a new stake in shares of VanEck Semiconductor ETF during the 1st quarter valued at about $25,000. Chilton Capital Management LLC purchased a new stake in VanEck Semiconductor ETF in the 2nd quarter worth $26,000. Innealta Capital LLC purchased a new stake in VanEck Semiconductor ETF in the 2nd quarter worth $28,000. TD Capital Management LLC purchased a new position in VanEck Semiconductor ETF during the second quarter valued at $29,000. Finally, Creekmur Asset Management LLC acquired a new stake in shares of VanEck Semiconductor ETF in the fourth quarter valued at about $30,000.

VanEck Semiconductor ETF Stock Up 1.7 %

SMH stock opened at $252.52 on Wednesday. VanEck Semiconductor ETF has a 52 week low of $136.10 and a 52 week high of $283.07. The firm has a 50-day simple moving average of $236.26 and a 200-day simple moving average of $239.05. The stock has a market capitalization of $24.23 billion, a P/E ratio of 18.82 and a beta of 1.35.

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.