RWQ Financial Management Services Inc. Raises Stock Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

RWQ Financial Management Services Inc. lifted its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 95.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 42,598 shares of the company’s stock after buying an additional 20,777 shares during the quarter. VanEck Semiconductor ETF makes up about 4.0% of RWQ Financial Management Services Inc.’s portfolio, making the stock its 12th biggest position. RWQ Financial Management Services Inc.’s holdings in VanEck Semiconductor ETF were worth $10,316,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Hartford Financial Management Inc. lifted its holdings in shares of VanEck Semiconductor ETF by 61.9% in the 4th quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock worth $25,000 after buying an additional 39 shares during the period. Mather Group LLC. grew its holdings in VanEck Semiconductor ETF by 320.0% during the 4th quarter. Mather Group LLC. now owns 105 shares of the company’s stock worth $25,000 after acquiring an additional 80 shares in the last quarter. Ethos Financial Group LLC bought a new position in VanEck Semiconductor ETF during the 4th quarter worth about $28,000. Darwin Wealth Management LLC bought a new position in VanEck Semiconductor ETF during the 3rd quarter worth about $29,000. Finally, Hemington Wealth Management grew its holdings in VanEck Semiconductor ETF by 50.6% during the 4th quarter. Hemington Wealth Management now owns 131 shares of the company’s stock worth $31,000 after acquiring an additional 44 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of VanEck Semiconductor ETF stock opened at $227.05 on Friday. VanEck Semiconductor ETF has a 1 year low of $198.44 and a 1 year high of $283.07. The firm’s 50-day moving average is $241.61 and its two-hundred day moving average is $244.00. The stock has a market cap of $21.50 billion, a price-to-earnings ratio of 31.46 and a beta of 1.35.

VanEck Semiconductor ETF Company 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.