Financial Management Professionals Inc. Purchases Shares of 113 VanEck Semiconductor ETF (NASDAQ:SMH)

by · The Markets Daily

Financial Management Professionals Inc. acquired a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 113 shares of the company’s stock, valued at approximately $28,000.

Other institutional investors have also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC increased its position in VanEck Semiconductor ETF by 13.0% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 23,616 shares of the company’s stock worth $5,797,000 after purchasing an additional 2,725 shares in the last quarter. Pathway Financial Advisers LLC boosted its stake in shares of VanEck Semiconductor ETF by 194.2% during the 3rd quarter. Pathway Financial Advisers LLC now owns 153 shares of the company’s stock worth $38,000 after purchasing an additional 101 shares during the last quarter. Arkadios Wealth Advisors boosted its stake in shares of VanEck Semiconductor ETF by 103.7% during the 3rd quarter. Arkadios Wealth Advisors now owns 5,240 shares of the company’s stock worth $1,286,000 after purchasing an additional 2,667 shares during the last quarter. Lyell Wealth Management LP grew its holdings in shares of VanEck Semiconductor ETF by 2.7% during the third quarter. Lyell Wealth Management LP now owns 60,221 shares of the company’s stock worth $14,781,000 after buying an additional 1,570 shares in the last quarter. Finally, Allworth Financial LP raised its position in shares of VanEck Semiconductor ETF by 5.1% in the third quarter. Allworth Financial LP now owns 892 shares of the company’s stock valued at $219,000 after buying an additional 43 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ SMH opened at $252.96 on Monday. The firm has a market cap of $24.89 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 1 year low of $136.10 and a 1 year high of $283.07. The firm’s 50 day moving average price is $242.73 and its 200 day moving average price is $241.79.

VanEck Semiconductor ETF Profile

(Free Report)

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.

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