Orgel Wealth Management LLC Buys Shares of 1,509 VanEck Semiconductor ETF $SMH

Orgel Wealth Management LLC purchased a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) in the fourth quarter, HoldingsChannel reports. The firm purchased 1,509 shares of the company’s stock, valued at approximately $543,000.

A number of other institutional investors and hedge funds have also made changes to their positions in SMH. Harbor Investment Advisory LLC lifted its holdings in shares of VanEck Semiconductor ETF by 308.9% in the 4th quarter. Harbor Investment Advisory LLC now owns 184 shares of the company’s stock worth $66,000 after acquiring an additional 139 shares during the last quarter. Hilltop National Bank increased its holdings in VanEck Semiconductor ETF by 50.0% in the 4th quarter. Hilltop National Bank now owns 150 shares of the company’s stock valued at $54,000 after purchasing an additional 50 shares during the last quarter. WESPAC Advisors SoCal LLC raised its position in VanEck Semiconductor ETF by 3.3% in the fourth quarter. WESPAC Advisors SoCal LLC now owns 70,504 shares of the company’s stock valued at $25,391,000 after purchasing an additional 2,251 shares during the period. Sulzberger Capital Advisors Inc. acquired a new position in VanEck Semiconductor ETF during the fourth quarter worth $216,000. Finally, TruWealth Advisors LLC lifted its stake in VanEck Semiconductor ETF by 2.3% during the fourth quarter. TruWealth Advisors LLC now owns 13,869 shares of the company’s stock worth $4,995,000 after purchasing an additional 312 shares in the last quarter.

VanEck Semiconductor ETF Stock Down 2.6%

SMH opened at $384.74 on Friday. VanEck Semiconductor ETF has a 52 week low of $170.11 and a 52 week high of $427.94. The business has a fifty day simple moving average of $401.03 and a 200-day simple moving average of $363.47. The firm has a market cap of $42.05 billion, a P/E ratio of 34.83 and a beta of 1.52.

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.