Moss Adams Wealth Advisors LLC Buys 5,915 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Moss Adams Wealth Advisors LLC grew its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 3.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 159,982 shares of the company’s stock after buying an additional 5,915 shares during the period. VanEck Semiconductor ETF accounts for 4.3% of Moss Adams Wealth Advisors LLC’s investment portfolio, making the stock its 8th largest holding. Moss Adams Wealth Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $39,268,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of SMH. Mather Group LLC. increased its position in 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 buying an additional 265 shares during the period. Key Client Fiduciary Advisors LLC purchased a new position in shares of VanEck Semiconductor ETF during the first quarter worth approximately $202,000. Mirador Capital Partners LP acquired a new position in shares of VanEck Semiconductor ETF in the 1st quarter valued at $998,000. QRG Capital Management Inc. purchased a new stake in VanEck Semiconductor ETF in the 2nd quarter valued at $325,000. Finally, Orion Portfolio Solutions LLC boosted its stake in VanEck Semiconductor ETF by 206.9% during 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 during the period.

VanEck Semiconductor ETF Stock Performance

Shares of VanEck Semiconductor ETF stock opened at $251.51 on Friday. The company has a market capitalization of $24.75 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 company’s fifty day moving average is $241.46 and its two-hundred day moving average is $240.56.

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.