VanEck Semiconductor ETF (NASDAQ:SMH) Shares Bought by Peterson Wealth Management

Peterson Wealth Management raised its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 7.0% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,361 shares of the company’s stock after purchasing an additional 1,005 shares during the quarter. VanEck Semiconductor ETF accounts for 2.4% of Peterson Wealth Management’s holdings, making the stock its 15th largest holding. Peterson Wealth Management’s holdings in VanEck Semiconductor ETF were worth $3,770,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of SMH. Mather Group LLC. boosted its position in shares of VanEck Semiconductor ETF by 757.1% during the 2nd quarter. Mather Group LLC. now owns 300 shares of the company’s stock worth $78,000 after purchasing an additional 265 shares during the period. QRG Capital Management Inc. purchased a new position in shares of VanEck Semiconductor ETF during the second quarter worth $325,000. Comerica Bank boosted its position in shares of VanEck Semiconductor ETF by 20.5% during the first quarter. Comerica Bank now owns 8,452 shares of the company’s stock worth $1,901,000 after buying an additional 1,440 shares during the period. Allspring Global Investments Holdings LLC acquired a new stake in shares of VanEck Semiconductor ETF in the third quarter valued at $418,000. Finally, Zhang Financial LLC raised its holdings in shares of VanEck Semiconductor ETF by 7.2% in the 2nd quarter. Zhang Financial LLC now owns 1,087 shares of the company’s stock valued at $283,000 after buying an additional 73 shares during the period.

VanEck Semiconductor ETF Price Performance

Shares of VanEck Semiconductor ETF stock opened at $238.25 on Friday. The stock has a market capitalization of $23.61 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. The business has a 50-day moving average of $248.05 and a 200 day moving average of $246.79. VanEck Semiconductor ETF has a 12 month low of $156.56 and a 12 month high of $283.07.

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.