COFG Advisors LLC Buys Shares of 2,129 VanEck Semiconductor ETF $SMH

COFG Advisors LLC bought a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,129 shares of the company’s stock, valued at approximately $767,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Flagstar Advisors Inc. lifted its stake in VanEck Semiconductor ETF by 68.2% during the 4th quarter. Flagstar Advisors Inc. now owns 5,910 shares of the company’s stock valued at $2,128,000 after acquiring an additional 2,396 shares during the period. Bright Futures Wealth Management LLC. purchased a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter valued at about $1,934,000. Mirae Asset Global Investments Co. Ltd. increased its position in shares of VanEck Semiconductor ETF by 58.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 32,481 shares of the company’s stock valued at $11,697,000 after purchasing an additional 11,973 shares during the last quarter. Assetmark Inc. increased its position in shares of VanEck Semiconductor ETF by 24.9% during the 4th quarter. Assetmark Inc. now owns 62,474 shares of the company’s stock valued at $22,499,000 after purchasing an additional 12,467 shares during the last quarter. Finally, Mezzasalma Advisors LLC increased its position in shares of VanEck Semiconductor ETF by 67.9% during the 4th quarter. Mezzasalma Advisors LLC now owns 15,159 shares of the company’s stock valued at $5,459,000 after purchasing an additional 6,130 shares during the last quarter.

VanEck Semiconductor ETF Stock Up 1.5%

NASDAQ SMH opened at $607.81 on Tuesday. VanEck Semiconductor ETF has a 52 week low of $238.96 and a 52 week high of $613.43. The firm has a market capitalization of $70.62 billion, a P/E ratio of 34.83 and a beta of 1.70. The company has a 50-day moving average price of $488.03 and a 200-day moving average price of $418.65.

VanEck Semiconductor ETF 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.