Sargent Investment Group LLC Acquires Shares of 863 VanEck Semiconductor ETF $SMH

Sargent Investment Group LLC acquired a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 863 shares of the company’s stock, valued at approximately $311,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SMH. Bank of Nova Scotia lifted its holdings in VanEck Semiconductor ETF by 24,986.6% during the third quarter. Bank of Nova Scotia now owns 755,107 shares of the company’s stock valued at $246,437,000 after purchasing an additional 752,097 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its stake in shares of VanEck Semiconductor ETF by 158.7% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,198,897 shares of the company’s stock worth $431,759,000 after buying an additional 735,425 shares in the last quarter. Focus Partners Wealth lifted its stake in shares of VanEck Semiconductor ETF by 906.5% in the fourth quarter. Focus Partners Wealth now owns 745,768 shares of the company’s stock worth $268,562,000 after buying an additional 671,673 shares in the last quarter. Capital Markets Trading UK LLP lifted its stake in shares of VanEck Semiconductor ETF by 100.7% in the third quarter. Capital Markets Trading UK LLP now owns 4,319 shares of the company’s stock worth $1,410,000 after buying an additional 617,050 shares in the last quarter. Finally, Baker Avenue Asset Management LP lifted its stake in shares of VanEck Semiconductor ETF by 100.3% in the fourth quarter. Baker Avenue Asset Management LP now owns 1,011 shares of the company’s stock worth $364,000 after buying an additional 349,979 shares in the last quarter.

VanEck Semiconductor ETF Trading Up 4.4%

NASDAQ:SMH opened at $647.10 on Tuesday. The company’s 50-day moving average price is $532.52 and its 200-day moving average price is $437.60. The company has a market cap of $75.19 billion, a P/E ratio of 34.83 and a beta of 1.72. VanEck Semiconductor ETF has a twelve month low of $257.12 and a twelve month high of $649.24.

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.