1,250 Shares in VanEck Semiconductor ETF (NASDAQ:SMH) Acquired by Prosperity Wealth Management Inc.

Prosperity Wealth Management Inc. purchased a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,250 shares of the company’s stock, valued at approximately $219,000.

A number of other large investors have also added to or reduced their stakes in SMH. Fort Point Capital Partners LLC raised its position in shares of VanEck Semiconductor ETF by 3.5% during the 1st quarter. Fort Point Capital Partners LLC now owns 1,358 shares of the company’s stock valued at $366,000 after buying an additional 46 shares in the last quarter. Captrust Financial Advisors raised its position in VanEck Semiconductor ETF by 21.2% during the second quarter. Captrust Financial Advisors now owns 309 shares of the company’s stock valued at $63,000 after purchasing an additional 54 shares during the period. Equitable Holdings Inc. lifted its stake in shares of VanEck Semiconductor ETF by 1.0% in the 4th quarter. Equitable Holdings Inc. now owns 5,651 shares of the company’s stock valued at $1,147,000 after purchasing an additional 54 shares during the last quarter. Ausdal Financial Partners Inc. boosted its holdings in shares of VanEck Semiconductor ETF by 0.5% in the 4th quarter. Ausdal Financial Partners Inc. now owns 12,513 shares of the company’s stock worth $2,188,000 after purchasing an additional 60 shares during the period. Finally, Linscomb & Williams Inc. increased its position in shares of VanEck Semiconductor ETF by 8.9% during the 1st quarter. Linscomb & Williams Inc. now owns 787 shares of the company’s stock valued at $213,000 after purchasing an additional 64 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

NASDAQ:SMH opened at $212.40 on Thursday. The firm has a market capitalization of $17.85 billion, a PE ratio of 17.19 and a beta of 1.35. The stock’s fifty day moving average is $217.07 and its 200 day moving average is $182.68. VanEck Semiconductor ETF has a fifty-two week low of $118.57 and a fifty-two week high of $239.14.

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.