Csenge Advisory Group Raises Position in VanEck Semiconductor ETF $SMH

Csenge Advisory Group raised its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 1.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 35,561 shares of the company’s stock after acquiring an additional 661 shares during the quarter. Csenge Advisory Group’s holdings in VanEck Semiconductor ETF were worth $9,917,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of SMH. Capital Investment Advisory Services LLC raised its holdings in VanEck Semiconductor ETF by 46.1% during the 1st quarter. Capital Investment Advisory Services LLC now owns 317 shares of the company’s stock valued at $67,000 after acquiring an additional 100 shares during the period. Envestnet Asset Management Inc. grew its position in shares of VanEck Semiconductor ETF by 2.7% during the 1st quarter. Envestnet Asset Management Inc. now owns 282,967 shares of the company’s stock valued at $59,839,000 after purchasing an additional 7,393 shares in the last quarter. Alpha Cubed Investments LLC purchased a new position in shares of VanEck Semiconductor ETF during the 1st quarter valued at $238,000. Consolidated Capital Management LLC grew its position in shares of VanEck Semiconductor ETF by 8.2% during the 1st quarter. Consolidated Capital Management LLC now owns 15,730 shares of the company’s stock valued at $3,326,000 after purchasing an additional 1,187 shares in the last quarter. Finally, M&T Bank Corp grew its position in shares of VanEck Semiconductor ETF by 7.2% during the 1st quarter. M&T Bank Corp now owns 1,601 shares of the company’s stock valued at $339,000 after purchasing an additional 107 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

SMH opened at $352.76 on Wednesday. The company has a fifty day moving average price of $326.34 and a 200-day moving average price of $285.22. The firm has a market capitalization of $35.41 billion, a P/E ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a one year low of $170.11 and a one year high of $372.78.

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.