HB Wealth Management LLC grew its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Get Rating) by 60.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,285 shares of the company’s stock after purchasing an additional 865 shares during the quarter. HB Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $464,000 as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in SMH. Covestor Ltd purchased a new position in shares of VanEck Semiconductor ETF during the 1st quarter valued at approximately $27,000. Phocas Financial Corp. purchased a new position in shares of VanEck Semiconductor ETF during the 4th quarter valued at approximately $27,000. Armstrong Advisory Group Inc. purchased a new position in shares of VanEck Semiconductor ETF during the 4th quarter valued at approximately $30,000. MADDEN SECURITIES Corp purchased a new position in shares of VanEck Semiconductor ETF during the 4th quarter valued at approximately $30,000. Finally, Kayne Anderson Rudnick Investment Management LLC purchased a new position in shares of VanEck Semiconductor ETF during the 3rd quarter valued at approximately $28,000.
VanEck Semiconductor ETF Stock Performance
Shares of SMH stock opened at $263.19 on Friday. The stock’s fifty day moving average is $245.60 and its two-hundred day moving average is $219.02. The firm has a market capitalization of $7.98 billion, a P/E ratio of 17.19 and a beta of 1.30. VanEck Semiconductor ETF has a fifty-two week low of $166.97 and a fifty-two week high of $284.42.
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.
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