Richmond Investment Services LLC lifted its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 99.7% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 35,580 shares of the company’s stock after acquiring an additional 17,761 shares during the quarter. VanEck Semiconductor ETF makes up about 2.2% of Richmond Investment Services LLC’s investment portfolio, making the stock its 11th largest position. Richmond Investment Services LLC’s holdings in VanEck Semiconductor ETF were worth $13,645,000 at the end of the most recent reporting period.
Several other hedge funds have also added to or reduced their stakes in SMH. WealthCollab LLC acquired a new position in VanEck Semiconductor ETF during the 4th quarter valued at about $28,000. Investment Counsel Co. of Nevada acquired a new stake in shares of VanEck Semiconductor ETF during the 4th quarter worth approximately $35,000. Core Wealth Advisors LLC acquired a new stake in shares of VanEck Semiconductor ETF during the 4th quarter worth approximately $36,000. Jessup Wealth Management Inc bought a new stake in shares of VanEck Semiconductor ETF during the fourth quarter worth approximately $40,000. Finally, CENTRAL TRUST Co raised its stake in shares of VanEck Semiconductor ETF by 66.7% during the fourth quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock worth $43,000 after buying an additional 48 shares during the last quarter.
Trending Headlines about VanEck Semiconductor ETF
Here are the key news stories impacting VanEck Semiconductor ETF this week:
- Positive Sentiment: SMH pulled in about $1.8 billion in daily inflows, showing that investors are still putting fresh money to work in semiconductor exposure. Daily ETF Flows: SMH Pulls In $1.8B
- Positive Sentiment: One article noted SMH has been a standout performer this year, reinforcing the ETF’s strong momentum despite recent volatility. VanEck Semiconductor ETF Is Up 64% This Year and Doesn’t Own a Single Share of Apple
- Neutral Sentiment: SK Hynix’s planned U.S. listing could benefit semiconductor and chip-related ETFs, including SMH, by increasing investor attention on the memory-chip space. SK Hynix Eyes Massive U.S. Listing: ETFs That Are Likely to Gain
- Neutral Sentiment: Analysts said the AI rally may broaden from chipmakers to hyperscalers and other sectors, which could cap near-term enthusiasm for semiconductors if capital rotates away from hardware stocks. AI investors may pivot to hyperscalers from chipmakers, Morgan Stanley says
- Negative Sentiment: Recent weakness in semiconductor shares and hedge-fund selling pressure suggest investors are trimming chip exposure ahead of earnings, weighing on SMH. Hedge funds dumped chip stocks for a fourth week as AI shares sold off
- Negative Sentiment: Memory-chip weakness after Samsung earnings raised concerns about DRAM and HBM demand, a potential headwind for semiconductor ETFs with memory exposure. DRAM ETF falls 6.5% after Samsung earnings as expert warns on memory stocks
VanEck Semiconductor ETF Price Performance
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.
Featured Stories
- Five stocks we like better than VanEck Semiconductor ETF
- Apple and Broadcom Forge a Decade-Long Silicon Fortress
- SK Hynix’s Nasdaq Listing Could Reset the AI Memory Trade
- The AI Chip Sell-Off Looks Scary, But the Real Story May Be Liquidity
- Palantir’s CEO Just Called Out OpenAI and Anthropic
Want to see what other hedge funds are holding SMH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Semiconductor ETF (NASDAQ:SMH – Free Report).
Receive News & Ratings for VanEck Semiconductor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Semiconductor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
