Valeo Financial Advisors LLC bought a new stake in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,707 shares of the company’s stock, valued at approximately $299,000.
Several other institutional investors also recently modified their holdings of the business. Sanctuary Wealth Management L.L.C. bought a new position in shares of VanEck Semiconductor ETF during the third quarter worth $25,000. FinTrust Capital Advisors LLC lifted its holdings in VanEck Semiconductor ETF by 363.2% during the third quarter. FinTrust Capital Advisors LLC now owns 176 shares of the company’s stock worth $26,000 after acquiring an additional 138 shares in the last quarter. Horizon Investments LLC raised its position in shares of VanEck Semiconductor ETF by 96.7% during the second quarter. Horizon Investments LLC now owns 177 shares of the company’s stock worth $27,000 after purchasing an additional 87 shares during the period. Covestor Ltd bought a new position in shares of VanEck Semiconductor ETF during the 1st quarter valued at about $27,000. Finally, Kayne Anderson Rudnick Investment Management LLC bought a new position in shares of VanEck Semiconductor ETF during the 3rd quarter valued at about $28,000.
VanEck Semiconductor ETF Stock Performance
NASDAQ SMH opened at $217.36 on Tuesday. The stock has a market cap of $18.27 billion, a price-to-earnings ratio of 17.19 and a beta of 1.35. The business has a 50 day simple moving average of $216.23 and a 200 day simple moving average of $181.95. VanEck Semiconductor ETF has a 52-week low of $118.57 and a 52-week high of $239.14.
VanEck Semiconductor ETF 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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