Activest Wealth Management Has $634,000 Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Activest Wealth Management raised its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 329.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,585 shares of the company’s stock after purchasing an additional 1,983 shares during the period. Activest Wealth Management’s holdings in VanEck Semiconductor ETF were worth $634,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Mather Group LLC. increased its holdings in shares of VanEck Semiconductor ETF by 757.1% during the second 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. acquired a new stake in shares of VanEck Semiconductor ETF during the 2nd quarter valued at $325,000. Orion Portfolio Solutions LLC increased its holdings in VanEck Semiconductor ETF by 206.9% in the 1st quarter. Orion Portfolio Solutions LLC now owns 3,851 shares of the company’s stock worth $866,000 after purchasing an additional 2,596 shares in the last quarter. O Shaughnessy Asset Management LLC boosted its stake in shares of VanEck Semiconductor ETF by 18.2% during the first quarter. O Shaughnessy Asset Management LLC now owns 2,781 shares of the company’s stock valued at $626,000 after purchasing an additional 429 shares in the last quarter. Finally, Comerica Bank grew its holdings 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 purchasing an additional 1,440 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ:SMH traded down $0.03 during mid-day trading on Thursday, reaching $242.51. 653,232 shares of the company’s stock were exchanged, compared to its average volume of 7,957,847. The firm has a market capitalization of $24.03 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a twelve month low of $156.56 and a twelve month high of $283.07. The business’s fifty day moving average price is $247.21 and its 200-day moving average price is $246.11.

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.