Maridea Wealth Management LLC Boosts Position in VanEck Semiconductor ETF $SMH

Maridea Wealth Management LLC lifted its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 29.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,559 shares of the company’s stock after purchasing an additional 2,165 shares during the quarter. Maridea Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $3,442,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Realta Investment Advisors raised its stake in VanEck Semiconductor ETF by 84.4% during the third quarter. Realta Investment Advisors now owns 83 shares of the company’s stock worth $27,000 after purchasing an additional 38 shares during the period. Sound Income Strategies LLC grew its stake in shares of VanEck Semiconductor ETF by 175.8% in the 3rd quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock valued at $31,000 after buying an additional 58 shares during the period. Grey Fox Wealth Advisors LLC purchased a new stake in shares of VanEck Semiconductor ETF in the 3rd quarter valued at approximately $31,000. CX Institutional increased its holdings in shares of VanEck Semiconductor ETF by 288.5% during the 3rd quarter. CX Institutional now owns 101 shares of the company’s stock worth $33,000 after buying an additional 75 shares during the last quarter. Finally, Luminist Capital LLC increased its holdings in shares of VanEck Semiconductor ETF by 42.1% during the 2nd quarter. Luminist Capital LLC now owns 135 shares of the company’s stock worth $37,000 after buying an additional 40 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

SMH stock opened at $384.74 on Friday. VanEck Semiconductor ETF has a one year low of $170.11 and a one year high of $427.94. The firm has a market cap of $42.05 billion, a PE ratio of 34.83 and a beta of 1.52. The firm’s 50 day moving average price is $401.03 and its 200-day moving average price is $364.01.

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.