Northwest Wealth Advisors LLC purchased a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 1,296 shares of the company’s stock, valued at approximately $467,000.
Other institutional investors and hedge funds have also made changes to their positions in the company. Bank of Nova Scotia lifted its holdings in shares of 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 worth $246,437,000 after purchasing an additional 752,097 shares during the period. Harel Insurance Investments & Financial Services Ltd. grew its holdings in 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 valued at $431,759,000 after purchasing an additional 735,425 shares during the last quarter. 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 valued at $1,410,000 after buying an additional 617,050 shares in the last quarter. RiverFront Investment Group LLC raised its stake in shares of VanEck Semiconductor ETF by 249.6% during the 4th quarter. RiverFront Investment Group LLC now owns 399,345 shares of the company’s stock worth $143,816,000 after buying an additional 285,117 shares during the last quarter. Finally, Schonfeld Strategic Advisors LLC boosted its position in shares of VanEck Semiconductor ETF by 104.6% in the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 10,908 shares of the company’s stock worth $3,560,000 after buying an additional 247,500 shares in the last quarter.
VanEck Semiconductor ETF Trading Up 0.6%
Shares of SMH opened at $567.88 on Friday. VanEck Semiconductor ETF has a 12-month low of $234.59 and a 12-month high of $581.17. The stock has a market cap of $65.98 billion, a P/E ratio of 34.83 and a beta of 1.70. The company has a 50-day moving average of $460.01 and a two-hundred day moving average of $406.89.
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.
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