Wealthfront Advisers LLC Grows Holdings in VanEck Semiconductor ETF $SMH

Wealthfront Advisers LLC raised its stake in VanEck Semiconductor ETF (NASDAQ:SMHFree Report) by 4.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 98,371 shares of the company’s stock after purchasing an additional 4,567 shares during the quarter. Wealthfront Advisers LLC owned 0.08% of VanEck Semiconductor ETF worth $37,715,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Bank of America Corp DE raised its holdings in VanEck Semiconductor ETF by 170.8% during the fourth quarter. Bank of America Corp DE now owns 12,174,182 shares of the company’s stock worth $4,384,288,000 after purchasing an additional 7,678,318 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its position in VanEck Semiconductor ETF by 158.7% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,198,897 shares of the company’s stock worth $431,759,000 after purchasing an additional 735,425 shares during the period. Focus Partners Wealth grew its stake in shares of VanEck Semiconductor ETF by 906.5% during the 4th quarter. Focus Partners Wealth now owns 745,768 shares of the company’s stock worth $268,562,000 after purchasing an additional 671,673 shares during the period. Baker Avenue Asset Management LP grew its stake in shares of VanEck Semiconductor ETF by 100.3% during the 4th quarter. Baker Avenue Asset Management LP now owns 1,011 shares of the company’s stock worth $364,000 after purchasing an additional 349,979 shares during the period. Finally, RiverFront Investment Group LLC increased its holdings in shares of VanEck Semiconductor ETF by 249.6% in the 4th quarter. RiverFront Investment Group LLC now owns 399,345 shares of the company’s stock valued at $143,816,000 after purchasing an additional 285,117 shares in the last quarter.

Key Headlines Impacting VanEck Semiconductor ETF

Here are the key news stories impacting VanEck Semiconductor ETF this week:

VanEck Semiconductor ETF Trading Down 1.6%

SMH stock opened at $590.77 on Thursday. The company’s 50-day moving average price is $599.88 and its 200 day moving average price is $477.72. The company has a market cap of $70.71 billion, a P/E ratio of 34.83 and a beta of 1.71. VanEck Semiconductor ETF has a 52 week low of $279.19 and a 52 week high of $671.83.

About VanEck Semiconductor ETF

(Free Report)

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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Institutional Ownership by Quarter for VanEck Semiconductor ETF (NASDAQ:SMH)

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