Berger Financial Group Inc Increases Stock Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Berger Financial Group Inc boosted its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 10.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,481 shares of the company’s stock after purchasing an additional 141 shares during the period. Berger Financial Group Inc’s holdings in VanEck Semiconductor ETF were worth $359,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Savant Capital LLC bought a new stake in shares of VanEck Semiconductor ETF in the fourth quarter valued at $403,000. JPMorgan Chase & Co. raised its stake in shares of VanEck Semiconductor ETF by 48.2% in the third quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock valued at $319,983,000 after buying an additional 424,042 shares during the period. Bank of New York Mellon Corp raised its stake in shares of VanEck Semiconductor ETF by 31.5% in the fourth quarter. Bank of New York Mellon Corp now owns 25,916 shares of the company’s stock valued at $6,276,000 after buying an additional 6,215 shares during the period. GAMMA Investing LLC raised its stake in shares of VanEck Semiconductor ETF by 180.0% in the fourth quarter. GAMMA Investing LLC now owns 350 shares of the company’s stock valued at $85,000 after buying an additional 225 shares during the period. Finally, Van ECK Associates Corp raised its stake in shares of VanEck Semiconductor ETF by 12,475.4% in the fourth quarter. Van ECK Associates Corp now owns 8,677 shares of the company’s stock valued at $2,102,000 after buying an additional 8,608 shares during the period.

VanEck Semiconductor ETF Stock Performance

NASDAQ:SMH opened at $210.65 on Tuesday. VanEck Semiconductor ETF has a 52-week low of $170.11 and a 52-week high of $283.07. The firm has a market cap of $19.43 billion, a price-to-earnings ratio of 32.48 and a beta of 1.35. The business’s fifty day moving average is $214.63 and its 200 day moving average is $236.89.

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.