WealthBridge Capital Management LLC bought a new position in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) during the first quarter, Holdings Channel.com reports. The fund bought 3,634 shares of the company’s stock, valued at approximately $1,393,000.
A number of other institutional investors have also modified their holdings of the stock. WealthCollab LLC bought a new stake in shares of VanEck Semiconductor ETF during the fourth quarter valued at approximately $28,000. Investment Counsel Co. of Nevada purchased a new stake in shares of VanEck Semiconductor ETF in the fourth quarter valued at approximately $35,000. Core Wealth Advisors LLC bought a new position in VanEck Semiconductor ETF in the fourth quarter worth approximately $36,000. Jessup Wealth Management Inc bought a new position in VanEck Semiconductor ETF in the fourth quarter worth approximately $40,000. Finally, CENTRAL TRUST Co increased its holdings in VanEck Semiconductor ETF by 66.7% during the 4th quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock worth $43,000 after purchasing an additional 48 shares during the period.
VanEck Semiconductor ETF Stock Down 7.0%
SMH opened at $622.05 on Wednesday. The stock’s fifty day moving average is $559.97 and its two-hundred day moving average is $449.76. The company has a market capitalization of $72.28 billion, a P/E ratio of 34.83 and a beta of 1.72. VanEck Semiconductor ETF has a 52 week low of $265.74 and a 52 week high of $671.83.
VanEck Semiconductor ETF 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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