Wealth Enhancement Advisory Services LLC Grows Position in VanEck Semiconductor ETF $SMH

Wealth Enhancement Advisory Services LLC grew its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 8.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 35,073 shares of the company’s stock after purchasing an additional 2,670 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in VanEck Semiconductor ETF were worth $13,595,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Wedmont Private Capital boosted its holdings in VanEck Semiconductor ETF by 7.7% during the fourth quarter. Wedmont Private Capital now owns 4,598 shares of the company’s stock worth $1,770,000 after buying an additional 329 shares in the last quarter. Hutchens & Kramer Investment Management Group LLC purchased a new stake in shares of VanEck Semiconductor ETF during the 4th quarter worth approximately $546,000. Maridea Wealth Management LLC grew its holdings in shares of VanEck Semiconductor ETF by 29.3% in the 4th quarter. Maridea Wealth Management LLC now owns 9,559 shares of the company’s stock worth $3,442,000 after acquiring an additional 2,165 shares during the period. Procyon Advisors LLC purchased a new position in VanEck Semiconductor ETF in the 4th quarter valued at approximately $479,000. Finally, Magnus Financial Group LLC raised its holdings in VanEck Semiconductor ETF by 8.1% during the fourth quarter. Magnus Financial Group LLC now owns 5,640 shares of the company’s stock worth $2,031,000 after purchasing an additional 425 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

VanEck Semiconductor ETF stock opened at $380.73 on Friday. The firm has a market capitalization of $41.61 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a fifty-two week low of $170.11 and a fifty-two week high of $427.94. The stock’s fifty day moving average is $401.00 and its two-hundred day moving average is $366.31.

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.