Raab & Moskowitz Asset Management LLC Makes New Investment in VanEck Semiconductor ETF (NASDAQ:SMH)

Raab & Moskowitz Asset Management LLC purchased a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) in the 2nd quarter, Holdings Channel reports. The fund purchased 772 shares of the company’s stock, valued at approximately $201,000.

A number of other institutional investors have also recently modified their holdings of the business. Silicon Valley Capital Partners purchased a new position in VanEck Semiconductor ETF in the first quarter worth $25,000. Chilton Capital Management LLC acquired a new position in shares of VanEck Semiconductor ETF during the 2nd quarter worth $26,000. Innealta Capital LLC purchased a new position in shares of VanEck Semiconductor ETF in the 2nd quarter valued at about $28,000. TD Capital Management LLC acquired a new stake in shares of VanEck Semiconductor ETF in the second quarter valued at about $29,000. Finally, Creekmur Asset Management LLC acquired a new stake in shares of VanEck Semiconductor ETF in the fourth quarter valued at about $30,000.

VanEck Semiconductor ETF Trading Down 1.9 %

Shares of SMH opened at $247.74 on Friday. VanEck Semiconductor ETF has a twelve month low of $136.10 and a twelve month high of $283.07. The firm has a market capitalization of $22.28 billion, a P/E ratio of 18.82 and a beta of 1.35. The firm’s 50-day moving average is $236.29 and its two-hundred day moving average is $237.85.

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.