Silver Oak Securities Incorporated Purchases New Shares in VanEck Semiconductor ETF (NASDAQ:SMH)

Silver Oak Securities Incorporated purchased a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 1,251 shares of the company’s stock, valued at approximately $219,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Sanctuary Wealth Management L.L.C. acquired a new stake in VanEck Semiconductor ETF in the 3rd quarter valued at $25,000. Macroview Investment Management LLC lifted its holdings in VanEck Semiconductor ETF by 245.2% in the 4th quarter. Macroview Investment Management LLC now owns 145 shares of the company’s stock valued at $25,000 after purchasing an additional 103 shares in the last quarter. FinTrust Capital Advisors LLC lifted its holdings in VanEck Semiconductor ETF by 363.2% in the 3rd quarter. FinTrust Capital Advisors LLC now owns 176 shares of the company’s stock valued at $26,000 after purchasing an additional 138 shares in the last quarter. Baker Avenue Asset Management LP lifted its holdings in VanEck Semiconductor ETF by 100.8% in the 3rd quarter. Baker Avenue Asset Management LP now owns 256 shares of the company’s stock valued at $37,000 after purchasing an additional 32,000 shares in the last quarter. Finally, Banque Cantonale Vaudoise lifted its holdings in VanEck Semiconductor ETF by 250.0% in the 3rd quarter. Banque Cantonale Vaudoise now owns 280 shares of the company’s stock valued at $41,000 after purchasing an additional 200 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of SMH stock opened at $207.85 on Thursday. The stock’s fifty day moving average is $218.82 and its two-hundred day moving average is $187.01. The firm has a market capitalization of $17.48 billion, a P/E ratio of 17.70 and a beta of 1.35. VanEck Semiconductor ETF has a fifty-two week low of $120.93 and a fifty-two week 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.