Western Wealth Management LLC Has $3.56 Million Stock Position in VanEck Semiconductor ETF $SMH

Western Wealth Management LLC lifted its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 4.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,760 shares of the company’s stock after purchasing an additional 535 shares during the quarter. Western Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $3,558,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Smithfield Trust Co raised its stake in VanEck Semiconductor ETF by 16.6% during the 2nd quarter. Smithfield Trust Co now owns 253 shares of the company’s stock worth $71,000 after buying an additional 36 shares during the period. Hall Capital Management Co. Inc. increased its holdings in shares of VanEck Semiconductor ETF by 0.3% during the second quarter. Hall Capital Management Co. Inc. now owns 12,867 shares of the company’s stock valued at $3,588,000 after acquiring an additional 37 shares in the last quarter. FSA Advisors Inc. raised its position in shares of VanEck Semiconductor ETF by 3.9% during the second quarter. FSA Advisors Inc. now owns 1,037 shares of the company’s stock worth $289,000 after purchasing an additional 39 shares during the period. Delos Wealth Advisors LLC raised its position in shares of VanEck Semiconductor ETF by 0.6% during the first quarter. Delos Wealth Advisors LLC now owns 7,402 shares of the company’s stock worth $1,565,000 after purchasing an additional 43 shares during the period. Finally, Hazlett Burt & Watson Inc. lifted its holdings in shares of VanEck Semiconductor ETF by 61.1% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 116 shares of the company’s stock worth $31,000 after purchasing an additional 44 shares in the last quarter.

VanEck Semiconductor ETF Trading Up 0.0%

NASDAQ SMH opened at $344.98 on Friday. The company has a market cap of $34.63 billion, a P/E ratio of 34.83 and a beta of 1.52. The company has a fifty day simple moving average of $335.95 and a 200 day simple moving average of $292.96. VanEck Semiconductor ETF has a 12-month low of $170.11 and a 12-month high of $372.78.

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.