Allworth Financial LP Buys 247 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Allworth Financial LP boosted its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 81.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 550 shares of the company’s stock after acquiring an additional 247 shares during the period. Allworth Financial LP’s holdings in VanEck Semiconductor ETF were worth $96,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. Fort Point Capital Partners LLC raised its position in shares of VanEck Semiconductor ETF by 3.5% in the first quarter. Fort Point Capital Partners LLC now owns 1,358 shares of the company’s stock valued at $366,000 after purchasing an additional 46 shares during the period. Captrust Financial Advisors raised its position in shares of VanEck Semiconductor ETF by 21.2% in the second quarter. Captrust Financial Advisors now owns 309 shares of the company’s stock valued at $63,000 after purchasing an additional 54 shares during the period. Equitable Holdings Inc. raised its position in shares of VanEck Semiconductor ETF by 1.0% in the fourth quarter. Equitable Holdings Inc. now owns 5,651 shares of the company’s stock valued at $1,147,000 after purchasing an additional 54 shares during the period. Ausdal Financial Partners Inc. raised its position in shares of VanEck Semiconductor ETF by 0.5% in the fourth quarter. Ausdal Financial Partners Inc. now owns 12,513 shares of the company’s stock valued at $2,188,000 after purchasing an additional 60 shares during the period. Finally, Linscomb & Williams Inc. raised its position in shares of VanEck Semiconductor ETF by 8.9% in the first quarter. Linscomb & Williams Inc. now owns 787 shares of the company’s stock valued at $213,000 after purchasing an additional 64 shares during the period.

VanEck Semiconductor ETF Trading Down 2.9 %

Shares of NASDAQ:SMH opened at $220.68 on Friday. The company has a 50 day moving average of $215.78 and a 200 day moving average of $180.88. The stock has a market cap of $18.41 billion, a P/E ratio of 17.19 and a beta of 1.35. VanEck Semiconductor ETF has a 12 month low of $118.57 and a 12 month high of $239.14.

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.