Procyon Advisors LLC Increases Holdings in VanEck Semiconductor ETF $SMH

Procyon Advisors LLC raised its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 75.2% in the 1st quarter, HoldingsChannel reports. The fund owned 2,329 shares of the company’s stock after buying an additional 1,000 shares during the quarter. Procyon Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $893,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Berger Financial Group Inc raised its position in shares of VanEck Semiconductor ETF by 1.3% during the 1st quarter. Berger Financial Group Inc now owns 1,659 shares of the company’s stock worth $636,000 after acquiring an additional 21 shares in the last quarter. Goodman Advisory Group LLC lifted its position in shares of VanEck Semiconductor ETF by 7.8% during the 1st quarter. Goodman Advisory Group LLC now owns 318 shares of the company’s stock worth $122,000 after buying an additional 23 shares during the last quarter. Howe & Rusling Inc. lifted its position in shares of VanEck Semiconductor ETF by 4.3% during the 1st quarter. Howe & Rusling Inc. now owns 612 shares of the company’s stock worth $235,000 after buying an additional 25 shares during the last quarter. Brooklyn Investment Group boosted its holdings in shares of VanEck Semiconductor ETF by 2.2% in the 4th quarter. Brooklyn Investment Group now owns 1,192 shares of the company’s stock valued at $434,000 after buying an additional 26 shares in the last quarter. Finally, Total Clarity Wealth Management Inc. boosted its holdings in shares of VanEck Semiconductor ETF by 1.1% in the 1st quarter. Total Clarity Wealth Management Inc. now owns 2,567 shares of the company’s stock valued at $984,000 after buying an additional 27 shares in the last quarter.

VanEck Semiconductor ETF News Roundup

Here are the key news stories impacting VanEck Semiconductor ETF this week:

• Positive Sentiment: AI-related commentary remains a key tailwind for semiconductor stocks, with one article arguing that a major “tectonic” AI shift is still underway and likely to keep demand strong for chipmakers held by SMH. The Tectonic AI Shift Is Here
• Positive Sentiment: Recent coverage on semiconductor-focused ETFs highlights ongoing investor interest in broad exposure to the chip sector, which can support flows into SMH. Should You Invest in the VanEck Semiconductor ETF (SMH)?
• Neutral Sentiment: Analyst-style ETF pieces on “which hot funds have staying power” and whether SMH is worth owning are likely to keep the ETF in focus, but they do not appear to introduce a major new catalyst. Which Hot Funds Have Staying Power? Should You Invest in the VanEck Semiconductor ETF (SMH)?
• Negative Sentiment: Market commentary points to renewed volatility in tech after Monday’s selloff, suggesting semiconductors could remain sensitive to macro headlines and risk-off trading. Earnings, CPI, Persian Gulf Roil Wall Street Pre-Bell; Asia Up, Europe Off
• Negative Sentiment: Articles warning that chip stocks may face pressure after Taiwan Semiconductor earnings and that recent gains in leveraged semis could be hard to sustain may weigh on sentiment for SMH. 5 Stocks That Can Win or Lose After Taiwan Semiconductor Earnings The 2 Pressure Points That Will Determine SOXL’s Next 12 Months

VanEck Semiconductor ETF Price Performance

NASDAQ SMH opened at $600.31 on Wednesday. The firm’s fifty day moving average price is $599.06 and its 200 day moving average price is $476.13. VanEck Semiconductor ETF has a 12 month low of $279.19 and a 12 month high of $671.83. The company has a market capitalization of $72.12 billion, a price-to-earnings ratio of 34.83 and a beta of 1.71.

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.