Bank Julius Baer & Co. Ltd Zurich Increases Stock Position in VanEck Semiconductor ETF $SMH

Bank Julius Baer & Co. Ltd Zurich lifted its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 6.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 23,023 shares of the company’s stock after purchasing an additional 1,331 shares during the period. Bank Julius Baer & Co. Ltd Zurich’s holdings in VanEck Semiconductor ETF were worth $8,291,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC boosted its position in VanEck Semiconductor ETF by 5.4% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 32,403 shares of the company’s stock worth $10,921,000 after purchasing an additional 1,666 shares during the last quarter. Flagstar Advisors Inc. increased its position in shares of VanEck Semiconductor ETF by 68.2% during the 4th quarter. Flagstar Advisors Inc. now owns 5,910 shares of the company’s stock valued at $2,128,000 after purchasing an additional 2,396 shares during the last quarter. Bright Futures Wealth Management LLC. purchased a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter valued at $1,934,000. Element Wealth LLC bought a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter worth $515,000. Finally, Mezzasalma Advisors LLC raised its stake in shares of VanEck Semiconductor ETF by 67.9% during the 4th quarter. Mezzasalma Advisors LLC now owns 15,159 shares of the company’s stock worth $5,459,000 after purchasing an additional 6,130 shares during the period.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ:SMH opened at $578.34 on Friday. The company has a market capitalization of $67.20 billion, a P/E ratio of 34.83 and a beta of 1.70. The company’s 50-day moving average is $443.76 and its 200 day moving average is $400.13. VanEck Semiconductor ETF has a fifty-two week low of $234.59 and a fifty-two week high of $581.17.

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.