LJI Wealth Management LLC Makes New $616,000 Investment in VanEck Semiconductor ETF (NASDAQ:SMH)

LJI Wealth Management LLC purchased a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 2,364 shares of the company’s stock, valued at approximately $616,000.

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

VanEck Semiconductor ETF Trading Down 1.1 %

NASDAQ SMH opened at $231.06 on Thursday. VanEck Semiconductor ETF has a 12 month low of $136.10 and a 12 month high of $283.07. The stock has a market cap of $20.78 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. The company’s 50 day moving average is $239.17 and its two-hundred day moving average is $237.03.

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.