Lowery Thomas LLC Boosts Stock Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Lowery Thomas LLC lifted its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 12.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,612 shares of the company’s stock after purchasing an additional 1,731 shares during the quarter. VanEck Semiconductor ETF accounts for about 2.3% of Lowery Thomas LLC’s holdings, making the stock its 15th largest holding. Lowery Thomas LLC’s holdings in VanEck Semiconductor ETF were worth $2,730,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. CI Investments Inc. lifted its stake in shares of VanEck Semiconductor ETF by 166.7% in the 3rd quarter. CI Investments Inc. now owns 1,553,303 shares of the company’s stock valued at $225,198,000 after acquiring an additional 970,943 shares during the last quarter. Meitav Investment House Ltd. lifted its stake in shares of VanEck Semiconductor ETF by 103.2% in the 4th quarter. Meitav Investment House Ltd. now owns 732,008 shares of the company’s stock valued at $127,948,000 after acquiring an additional 371,831 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in shares of VanEck Semiconductor ETF by 103.9% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 295,190 shares of the company’s stock valued at $51,620,000 after acquiring an additional 150,444 shares during the last quarter. International Assets Investment Management LLC bought a new stake in shares of VanEck Semiconductor ETF in the 4th quarter valued at about $40,189,000. Finally, Cambridge Investment Research Advisors Inc. lifted its stake in shares of VanEck Semiconductor ETF by 57.8% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 192,304 shares of the company’s stock valued at $27,880,000 after acquiring an additional 70,435 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

SMH traded up $5.44 during midday trading on Friday, reaching $217.64. 6,365,428 shares of the company’s stock traded hands, compared to its average volume of 8,718,253. The firm has a fifty day moving average of $217.94 and a two-hundred day moving average of $185.69. The stock has a market capitalization of $18.34 billion, a price-to-earnings ratio of 17.70 and a beta of 1.35. VanEck Semiconductor ETF has a 52 week low of $118.57 and a 52 week high of $239.14.

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.