CWS Financial Advisors LLC Buys New Position in VanEck Semiconductor ETF (NASDAQ:SMH)

CWS Financial Advisors LLC bought a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,920 shares of the company’s stock, valued at approximately $471,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Mendota Financial Group LLC purchased a new stake in shares of VanEck Semiconductor ETF in the third quarter worth $25,000. Chilton Capital Management LLC purchased a new stake in shares of VanEck Semiconductor ETF in the second quarter worth $26,000. Innealta Capital LLC purchased a new stake in shares of VanEck Semiconductor ETF in the second quarter worth $28,000. Financial Management Professionals Inc. bought a new position in shares of VanEck Semiconductor ETF during the third quarter valued at $28,000. Finally, TD Capital Management LLC bought a new position in shares of VanEck Semiconductor ETF during the second quarter valued at $29,000.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ:SMH opened at $238.25 on Friday. The company has a market cap of $23.61 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 1 year low of $156.56 and a 1 year high of $283.07. The stock’s fifty day moving average price is $248.05 and its 200-day moving average price is $246.79.

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.