Pure Financial Advisors LLC Makes New $276,000 Investment in VanEck Semiconductor ETF (NASDAQ:SMH)

Pure Financial Advisors LLC purchased a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 1,059 shares of the company’s stock, valued at approximately $276,000.

Several other institutional investors also recently added to or reduced their stakes in SMH. Silicon Valley Capital Partners acquired a new position in shares of VanEck Semiconductor ETF in the first quarter valued at approximately $25,000. Creekmur Asset Management LLC acquired a new position in shares of VanEck Semiconductor ETF in the fourth quarter valued at approximately $30,000. Pineridge Advisors LLC increased its holdings in shares of VanEck Semiconductor ETF by 294.1% in the first quarter. Pineridge Advisors LLC now owns 134 shares of the company’s stock valued at $30,000 after purchasing an additional 100 shares during the period. Olistico Wealth LLC acquired a new position in shares of VanEck Semiconductor ETF in the second quarter valued at approximately $31,000. Finally, FinTrust Capital Advisors LLC increased its holdings in shares of VanEck Semiconductor ETF by 31.8% in the fourth quarter. FinTrust Capital Advisors LLC now owns 232 shares of the company’s stock valued at $41,000 after purchasing an additional 56 shares during the period.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ:SMH traded up $0.34 during trading on Friday, reaching $246.71. The company had a trading volume of 5,194,621 shares, compared to its average volume of 8,587,897. The firm has a market capitalization of $22.19 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. The stock’s fifty day moving average price is $253.23 and its 200 day moving average price is $231.20. VanEck Semiconductor ETF has a fifty-two week low of $136.10 and a fifty-two week high of $283.07.

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.