Keudell Morrison Wealth Management purchased a new position in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,290 shares of the company’s stock, valued at approximately $1,185,000.
A number of other hedge funds also recently modified their holdings of SMH. 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 worth $246,437,000 after purchasing an additional 752,097 shares during the period. Harel Insurance Investments & Financial Services Ltd. increased its position 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 purchasing an additional 735,425 shares during the period. Capital Markets Trading UK LLP increased its position 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 purchasing an additional 617,050 shares during the period. RiverFront Investment Group LLC increased its position in shares of VanEck Semiconductor ETF by 249.6% in the fourth quarter. RiverFront Investment Group LLC now owns 399,345 shares of the company’s stock worth $143,816,000 after purchasing an additional 285,117 shares during the period. Finally, Schonfeld Strategic Advisors LLC increased its position in shares of VanEck Semiconductor ETF by 104.6% in the third quarter. Schonfeld Strategic Advisors LLC now owns 10,908 shares of the company’s stock worth $3,560,000 after purchasing an additional 247,500 shares during the period.
VanEck Semiconductor ETF Price Performance
Shares of SMH opened at $567.88 on Friday. The firm has a 50 day simple moving average of $460.01 and a two-hundred day simple moving average of $406.89. VanEck Semiconductor ETF has a one year low of $234.59 and a one year high of $581.17. The company has a market cap of $65.98 billion, a P/E ratio of 34.83 and a beta of 1.70.
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.
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