Perigon Wealth Management LLC Buys 2,335 Shares of VanEck Semiconductor ETF $SMH

Perigon Wealth Management LLC raised its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 27.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,801 shares of the company’s stock after buying an additional 2,335 shares during the quarter. Perigon Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $3,890,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Realta Investment Advisors raised its position in shares of VanEck Semiconductor ETF by 84.4% in the 3rd quarter. Realta Investment Advisors now owns 83 shares of the company’s stock valued at $27,000 after acquiring an additional 38 shares during the period. Sound Income Strategies LLC grew its holdings in VanEck Semiconductor ETF by 175.8% during the third quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock valued at $31,000 after purchasing an additional 58 shares during the period. Grey Fox Wealth Advisors LLC bought a new stake in VanEck Semiconductor ETF in the third quarter valued at approximately $31,000. CX Institutional raised its holdings in VanEck Semiconductor ETF by 288.5% in the third quarter. CX Institutional now owns 101 shares of the company’s stock worth $33,000 after purchasing an additional 75 shares during the period. Finally, Root Financial Partners LLC acquired a new stake in VanEck Semiconductor ETF in the third quarter worth $39,000.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ SMH opened at $392.32 on Friday. VanEck Semiconductor ETF has a twelve month low of $170.11 and a twelve month high of $427.94. The stock has a market cap of $41.88 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52. The company’s fifty day moving average is $399.02 and its 200-day moving average is $370.13.

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.