Denver Wealth Management Inc. bought a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 3,257 shares of the company’s stock, valued at approximately $1,173,000.
Other institutional investors and hedge funds have also modified their holdings of the company. WealthCollab LLC purchased a new stake in VanEck Semiconductor ETF during the 4th quarter valued at about $28,000. Investment Counsel Co. of Nevada purchased a new stake in VanEck Semiconductor ETF during the 4th quarter valued at about $35,000. Core Wealth Advisors LLC purchased a new stake in VanEck Semiconductor ETF during the 4th quarter valued at about $36,000. Jessup Wealth Management Inc purchased a new stake in VanEck Semiconductor ETF during the 4th quarter valued at about $40,000. Finally, CENTRAL TRUST Co grew its stake in VanEck Semiconductor ETF by 66.7% during the 4th quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock valued at $43,000 after acquiring an additional 48 shares in the last quarter.
VanEck Semiconductor ETF Trading Up 1.7%
Shares of NASDAQ SMH opened at $619.96 on Friday. VanEck Semiconductor ETF has a 12-month low of $256.05 and a 12-month high of $642.77. The stock has a market cap of $72.03 billion, a PE ratio of 34.83 and a beta of 1.72. The company has a 50-day moving average of $527.42 and a 200 day moving average of $434.76.
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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