Waverly Advisors LLC increased its stake in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 6.2% in the first quarter, HoldingsChannel reports. The fund owned 25,199 shares of the company’s stock after purchasing an additional 1,479 shares during the period. Waverly Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $9,661,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. WealthCollab LLC bought a new position in VanEck Semiconductor ETF during the 4th quarter worth approximately $28,000. Investment Counsel Co. of Nevada bought a new stake in VanEck Semiconductor ETF in the fourth quarter valued at approximately $35,000. Core Wealth Advisors LLC purchased a new stake in shares of VanEck Semiconductor ETF during the fourth quarter valued at approximately $36,000. Jessup Wealth Management Inc bought a new position in shares of VanEck Semiconductor ETF in the fourth quarter worth approximately $40,000. Finally, CENTRAL TRUST Co increased its stake in shares of VanEck Semiconductor ETF by 66.7% in 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 period.
VanEck Semiconductor ETF Stock Down 2.3%
NASDAQ:SMH opened at $548.55 on Tuesday. The firm has a market capitalization of $66.12 billion, a P/E ratio of 34.83 and a beta of 1.71. The company has a fifty day moving average of $600.83 and a 200 day moving average of $488.94. VanEck Semiconductor ETF has a 52 week low of $279.19 and a 52 week high of $671.83.
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.
Featured Articles
- Five stocks we like better than VanEck Semiconductor ETF
- AirJoule’s Kubota Deal Is a Major Validation—But the Hard Part Comes Next
- Dividend Stocks May Be the Quiet Rotation Trade Investors Are Missing Now
- Refiner Stocks Are Near Record Highs—Can Iran-Driven Margins Keep Them There?
- Verizon May Be an AI Infrastructure Stock Hiding in Plain Sight
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.
