VanEck Semiconductor ETF $SMH Shares Acquired by J.Safra Asset Management Corp

J.Safra Asset Management Corp increased its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 3.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 109,174 shares of the company’s stock after purchasing an additional 3,265 shares during the quarter. VanEck Semiconductor ETF makes up approximately 2.1% of J.Safra Asset Management Corp’s holdings, making the stock its 15th largest holding. J.Safra Asset Management Corp’s holdings in VanEck Semiconductor ETF were worth $39,317,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. GWN Securities Inc. acquired a new stake in shares of VanEck Semiconductor ETF during the 4th quarter worth about $220,000. Janney Montgomery Scott LLC grew its holdings in shares of VanEck Semiconductor ETF by 31.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 90,322 shares of the company’s stock worth $32,528,000 after buying an additional 21,539 shares in the last quarter. Simplex Trading LLC acquired a new position in shares of VanEck Semiconductor ETF in the fourth quarter valued at approximately $27,955,000. Capital Analysts LLC lifted its stake in shares of VanEck Semiconductor ETF by 11.5% during the fourth quarter. Capital Analysts LLC now owns 1,827 shares of the company’s stock valued at $658,000 after buying an additional 188 shares during the period. Finally, Outlook Wealth Advisors LLC lifted its stake in shares of VanEck Semiconductor ETF by 15.7% during the fourth quarter. Outlook Wealth Advisors LLC now owns 1,076 shares of the company’s stock valued at $388,000 after buying an additional 146 shares during the period.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ SMH opened at $570.91 on Thursday. The firm has a market cap of $66.33 billion, a P/E ratio of 34.83 and a beta of 1.72. VanEck Semiconductor ETF has a 1 year low of $256.05 and a 1 year high of $642.77. The firm’s 50 day moving average price is $518.34 and its 200 day moving average price is $431.46.

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.