WESPAC Advisors SoCal LLC Purchases 74 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

WESPAC Advisors SoCal LLC lifted its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 0.1% during the 3rd quarter, Holdings Channel reports. The firm owned 71,251 shares of the company’s stock after buying an additional 74 shares during the quarter. VanEck Semiconductor ETF makes up 4.0% of WESPAC Advisors SoCal LLC’s investment portfolio, making the stock its 4th biggest holding. WESPAC Advisors SoCal LLC’s holdings in VanEck Semiconductor ETF were worth $17,489,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Mendota Financial Group LLC bought a new position in VanEck Semiconductor ETF in the 3rd quarter valued at $25,000. Chilton Capital Management LLC bought a new position in shares of VanEck Semiconductor ETF in the second quarter valued at about $26,000. Innealta Capital LLC acquired a new position in VanEck Semiconductor ETF during the 2nd quarter worth about $28,000. Financial Management Professionals Inc. acquired a new position in VanEck Semiconductor ETF during the 3rd quarter worth about $28,000. Finally, TD Capital Management LLC bought a new stake in VanEck Semiconductor ETF during the 2nd quarter worth about $29,000.

VanEck Semiconductor ETF Trading Down 3.3 %

SMH opened at $239.95 on Friday. VanEck Semiconductor ETF has a 1-year low of $156.56 and a 1-year high of $283.07. The firm has a 50-day moving average price of $246.15 and a two-hundred day moving average price of $245.47. The stock has a market capitalization of $23.78 billion, a PE ratio of 18.82 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.