WealthBridge Investment Counsel Inc. Takes $820,000 Position in VanEck Semiconductor ETF (NASDAQ:SMH)

WealthBridge Investment Counsel Inc. acquired a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 3,340 shares of the company’s stock, valued at approximately $820,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Harbour Investments Inc. raised its stake in shares of VanEck Semiconductor ETF by 1.1% during the fourth quarter. Harbour Investments Inc. now owns 57,394 shares of the company’s stock valued at $10,036,000 after purchasing an additional 614 shares in the last quarter. Voisard Asset Management Group Inc. acquired a new stake in shares of VanEck Semiconductor ETF during the fourth quarter worth approximately $180,000. Wellington Wealth Strategies LLC. acquired a new stake in shares of VanEck Semiconductor ETF during the 4th quarter valued at $789,000. Clarity Capital Partners LLC purchased a new position in VanEck Semiconductor ETF in the fourth quarter valued at about $338,000. Finally, Napa Wealth Management acquired a new position in VanEck Semiconductor ETF in the fourth quarter worth approximately $611,000.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ SMH opened at $254.65 on Friday. The business’s 50-day simple moving average is $236.88 and its 200-day simple moving average is $239.34. VanEck Semiconductor ETF has a 52 week low of $136.10 and a 52 week high of $283.07. The firm has a market cap of $25.04 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35.

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.