VanEck Semiconductor ETF (NASDAQ:SMH) Stake Raised by Western Wealth Management LLC

Western Wealth Management LLC boosted its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 9.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,794 shares of the company’s stock after acquiring an additional 873 shares during the quarter. Western Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $1,713,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Covestor Ltd acquired a new stake in VanEck Semiconductor ETF during the 1st quarter worth about $27,000. Macroview Investment Management LLC raised its holdings in VanEck Semiconductor ETF by 245.2% during the 4th quarter. Macroview Investment Management LLC now owns 145 shares of the company’s stock worth $25,000 after buying an additional 103 shares during the period. Kayne Anderson Rudnick Investment Management LLC acquired a new stake in VanEck Semiconductor ETF during the 3rd quarter worth about $28,000. Sanctuary Wealth Management L.L.C. acquired a new stake in VanEck Semiconductor ETF during the 3rd quarter worth about $25,000. Finally, FinTrust Capital Advisors LLC grew its stake in VanEck Semiconductor ETF by 363.2% during the 3rd quarter. FinTrust Capital Advisors LLC now owns 176 shares of the company’s stock valued at $26,000 after acquiring an additional 138 shares in the last quarter.

VanEck Semiconductor ETF Trading Down 1.6 %

NASDAQ:SMH traded down $3.37 on Friday, hitting $205.26. 2,285,656 shares of the company’s stock traded hands, compared to its average volume of 8,622,751. The company has a market cap of $17.25 billion, a PE ratio of 17.19 and a beta of 1.35. The firm has a 50-day moving average price of $217.26 and a 200-day moving average price of $182.86. VanEck Semiconductor ETF has a 1 year low of $118.57 and a 1 year high of $239.14.

About VanEck Semiconductor ETF

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.