34,788 Shares in VanEck Semiconductor ETF (NASDAQ:SMH) Purchased by Plotkin Financial Advisors LLC

Plotkin Financial Advisors LLC purchased a new position in VanEck Semiconductor ETF (NASDAQ:SMH) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 34,788 shares of the company’s stock, valued at approximately $8,539,000. VanEck Semiconductor ETF makes up about 5.1% of Plotkin Financial Advisors LLC’s investment portfolio, making the stock its 5th largest holding.

Other hedge funds have also bought and sold shares of the company. Mendota Financial Group LLC acquired a new position in VanEck Semiconductor ETF in the third quarter worth about $25,000. Chilton Capital Management LLC acquired a new position in VanEck Semiconductor ETF in the second quarter valued at approximately $26,000. Innealta Capital LLC acquired a new position in VanEck Semiconductor ETF in the second quarter valued at approximately $28,000. Financial Management Professionals Inc. acquired a new position in VanEck Semiconductor ETF in the third quarter valued at approximately $28,000. Finally, TD Capital Management LLC acquired a new position in VanEck Semiconductor ETF in the second quarter valued at approximately $29,000.

VanEck Semiconductor ETF Stock Up 1.6 %

Shares of SMH stock opened at $242.13 on Friday. The business has a 50 day moving average of $248.13 and a two-hundred day moving average of $247.06. VanEck Semiconductor ETF has a 52 week low of $156.56 and a 52 week high of $283.07. The company has a market cap of $23.99 billion, a P/E ratio of 18.82 and a beta of 1.35.

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.