4,931 Shares in VanEck Semiconductor ETF $SMH Purchased by Asset One Wealth Management LLC

Asset One Wealth Management LLC bought a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 4,931 shares of the company’s stock, valued at approximately $1,776,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in SMH. Bank of America Corp DE raised its holdings in shares of VanEck Semiconductor ETF by 170.8% in the 4th quarter. Bank of America Corp DE now owns 12,174,182 shares of the company’s stock worth $4,384,288,000 after purchasing an additional 7,678,318 shares in the last quarter. Bank of Nova Scotia raised its holdings in shares of VanEck Semiconductor ETF by 24,986.6% in the 3rd quarter. Bank of Nova Scotia now owns 755,107 shares of the company’s stock worth $246,437,000 after purchasing an additional 752,097 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its holdings in shares of VanEck Semiconductor ETF by 158.7% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,198,897 shares of the company’s stock worth $431,759,000 after purchasing an additional 735,425 shares in the last quarter. Focus Partners Wealth raised its holdings in shares of VanEck Semiconductor ETF by 906.5% in the 4th quarter. Focus Partners Wealth now owns 745,768 shares of the company’s stock worth $268,562,000 after purchasing an additional 671,673 shares in the last quarter. Finally, Capital Markets Trading UK LLP lifted its holdings in shares of VanEck Semiconductor ETF by 100.7% during the third quarter. Capital Markets Trading UK LLP now owns 4,319 shares of the company’s stock valued at $1,410,000 after purchasing an additional 617,050 shares during the last quarter.

VanEck Semiconductor ETF Stock Up 1.3%

Shares of NASDAQ SMH opened at $623.97 on Thursday. VanEck Semiconductor ETF has a 12 month low of $257.12 and a 12 month high of $649.24. The company has a market cap of $72.50 billion, a price-to-earnings ratio of 34.83 and a beta of 1.72. The business has a fifty day simple moving average of $541.55 and a 200-day simple moving average of $441.43.

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.