XML Financial LLC Raises Stock Position in VanEck Semiconductor ETF $SMH

XML Financial LLC grew its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 4,002.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,693 shares of the company’s stock after buying an additional 27,018 shares during the period. VanEck Semiconductor ETF accounts for 1.3% of XML Financial LLC’s investment portfolio, making the stock its 15th largest holding. XML Financial LLC’s holdings in VanEck Semiconductor ETF were worth $18,164,000 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 the stock. Berger Financial Group Inc lifted its position in VanEck Semiconductor ETF by 1.3% in the first quarter. Berger Financial Group Inc now owns 1,659 shares of the company’s stock valued at $636,000 after acquiring an additional 21 shares during the last quarter. Goodman Advisory Group LLC grew its holdings in shares of VanEck Semiconductor ETF by 7.8% during the first quarter. Goodman Advisory Group LLC now owns 318 shares of the company’s stock worth $122,000 after purchasing an additional 23 shares during the last quarter. Howe & Rusling Inc. grew its holdings in shares of VanEck Semiconductor ETF by 4.3% during the first quarter. Howe & Rusling Inc. now owns 612 shares of the company’s stock worth $235,000 after purchasing an additional 25 shares during the last quarter. Brooklyn Investment Group increased its position in shares of VanEck Semiconductor ETF by 2.2% during the fourth quarter. Brooklyn Investment Group now owns 1,192 shares of the company’s stock worth $434,000 after purchasing an additional 26 shares in the last quarter. Finally, Total Clarity Wealth Management Inc. increased its position in shares of VanEck Semiconductor ETF by 1.1% during the first quarter. Total Clarity Wealth Management Inc. now owns 2,567 shares of the company’s stock worth $984,000 after purchasing an additional 27 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

VanEck Semiconductor ETF stock opened at $545.22 on Wednesday. The company has a market capitalization of $68.50 billion, a P/E ratio of 34.83 and a beta of 1.73. VanEck Semiconductor ETF has a fifty-two week low of $281.74 and a fifty-two week high of $671.83. The stock has a 50-day simple moving average of $577.50 and a 200-day simple moving average of $518.80.

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.