NWF Advisory Services Inc. Grows Stake in VanEck Semiconductor ETF $SMH

NWF Advisory Services Inc. increased its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 226.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 9,822 shares of the company’s stock after acquiring an additional 6,817 shares during the period. NWF Advisory Services Inc.’s holdings in VanEck Semiconductor ETF were worth $3,537,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE boosted its position in VanEck Semiconductor ETF by 170.8% during the fourth 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 increased its position in shares of VanEck Semiconductor ETF by 24,986.6% in the third quarter. Bank of Nova Scotia now owns 755,107 shares of the company’s stock valued at $246,437,000 after buying an additional 752,097 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its stake in shares of VanEck Semiconductor ETF by 158.7% during 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 buying an additional 735,425 shares during the last quarter. Focus Partners Wealth raised its stake in shares of VanEck Semiconductor ETF by 906.5% during the 4th 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 during the last quarter. Finally, Capital Markets Trading UK LLP boosted its position in shares of VanEck Semiconductor ETF by 100.7% in the 3rd 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.

VanEck Semiconductor ETF Price Performance

VanEck Semiconductor ETF stock opened at $659.88 on Friday. The firm has a market capitalization of $76.67 billion, a PE ratio of 34.83 and a beta of 1.72. VanEck Semiconductor ETF has a 52 week low of $257.12 and a 52 week high of $663.80. The firm’s 50-day simple moving average is $551.49 and its 200 day simple moving average is $445.11.

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.