Flagstar Advisors Inc. Purchases 2,396 Shares of VanEck Semiconductor ETF $SMH

Flagstar Advisors Inc. increased its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 68.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,910 shares of the company’s stock after purchasing an additional 2,396 shares during the period. Flagstar Advisors Inc.’s holdings in VanEck Semiconductor ETF were worth $2,128,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of SMH. Realta Investment Advisors boosted its holdings in VanEck Semiconductor ETF by 84.4% in the 3rd quarter. Realta Investment Advisors now owns 83 shares of the company’s stock worth $27,000 after buying an additional 38 shares during the period. Sound Income Strategies LLC boosted its stake in shares of VanEck Semiconductor ETF by 175.8% in the third quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock worth $31,000 after acquiring an additional 58 shares during the period. Grey Fox Wealth Advisors LLC purchased a new stake in shares of VanEck Semiconductor ETF during the third quarter worth about $31,000. CX Institutional grew its position in shares of VanEck Semiconductor ETF by 288.5% during the third quarter. CX Institutional now owns 101 shares of the company’s stock worth $33,000 after purchasing an additional 75 shares in the last quarter. Finally, Luminist Capital LLC raised its stake in VanEck Semiconductor ETF by 42.1% during the 2nd quarter. Luminist Capital LLC now owns 135 shares of the company’s stock valued at $37,000 after purchasing an additional 40 shares during the period.

VanEck Semiconductor ETF Trading Down 4.6%

NASDAQ SMH opened at $380.73 on Friday. The stock’s 50 day moving average is $401.00 and its 200 day moving average is $366.31. VanEck Semiconductor ETF has a 12 month low of $170.11 and a 12 month high of $427.94. The stock has a market cap of $41.61 billion, a PE ratio of 34.83 and a beta of 1.52.

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.