Valued Retirements Inc. Takes Position in VanEck Semiconductor ETF $SMH

Valued Retirements Inc. purchased a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 6,865 shares of the company’s stock, valued at approximately $4,503,000. VanEck Semiconductor ETF accounts for approximately 3.9% of Valued Retirements Inc.’s investment portfolio, making the stock its 7th biggest position.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Allied Private Wealth LLC purchased a new stake in VanEck Semiconductor ETF during the second quarter valued at about $26,000. MassMutual Private Wealth & Trust FSB purchased a new position in shares of VanEck Semiconductor ETF in the second quarter worth approximately $30,000. Investment Counsel Co. of Nevada acquired a new stake in shares of VanEck Semiconductor ETF during the fourth quarter valued at approximately $35,000. Core Wealth Advisors LLC acquired a new stake in shares of VanEck Semiconductor ETF during the fourth quarter valued at approximately $36,000. Finally, Resources Management Corp CT ADV purchased a new stake in shares of VanEck Semiconductor ETF in the 1st quarter valued at approximately $38,000.

VanEck Semiconductor ETF Stock Performance

NASDAQ SMH opened at $552.60 on Friday. The firm’s 50 day moving average price is $574.48 and its two-hundred day moving average price is $520.84. VanEck Semiconductor ETF has a twelve month low of $284.30 and a twelve month high of $671.83. The stock has a market cap of $69.43 billion, a price-to-earnings ratio of 34.83 and a beta of 1.73.

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.