Evolution Wealth Advisors LLC Increases Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Evolution Wealth Advisors LLC increased its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 18.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,940 shares of the company’s stock after acquiring an additional 305 shares during the period. Evolution Wealth Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $476,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Chilton Capital Management LLC bought a new stake in shares of VanEck Semiconductor ETF in the 2nd quarter valued at approximately $26,000. Mendota Financial Group LLC bought a new position in shares of VanEck Semiconductor ETF during the 3rd quarter valued at approximately $25,000. Innealta Capital LLC purchased a new stake in VanEck Semiconductor ETF during the 2nd quarter valued at $28,000. TD Capital Management LLC bought a new stake in VanEck Semiconductor ETF in the second quarter worth $29,000. Finally, Financial Management Professionals Inc. purchased a new position in VanEck Semiconductor ETF during the third quarter worth $28,000.

VanEck Semiconductor ETF Trading Down 3.3 %

Shares of SMH opened at $239.95 on Friday. The company’s fifty day simple moving average is $246.15 and its 200-day simple moving average is $245.26. The company has a market cap of $23.78 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a twelve month low of $156.56 and a twelve month high of $283.07.

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.