HighTower Advisors LLC Buys 2,416 Shares of VanEck Semiconductor ETF $SMH

HighTower Advisors LLC raised its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 4.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 56,124 shares of the company’s stock after purchasing an additional 2,416 shares during the period. HighTower Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $20,212,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of SMH. WealthCollab LLC acquired a new position in shares of VanEck Semiconductor ETF in the 4th quarter valued at $28,000. Root Financial Partners LLC acquired a new position in shares of VanEck Semiconductor ETF in the 3rd quarter valued at $39,000. CENTRAL TRUST Co raised its stake in shares of VanEck Semiconductor ETF by 66.7% in the 4th quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock valued at $43,000 after buying an additional 48 shares in the last quarter. Caitlin John LLC acquired a new position in shares of VanEck Semiconductor ETF in the 3rd quarter valued at $44,000. Finally, Olistico Wealth LLC acquired a new position in shares of VanEck Semiconductor ETF in the 4th quarter valued at $44,000.

VanEck Semiconductor ETF Stock Performance

Shares of SMH stock opened at $576.32 on Friday. VanEck Semiconductor ETF has a 52-week low of $234.59 and a 52-week high of $582.50. The stock has a market cap of $66.96 billion, a price-to-earnings ratio of 34.83 and a beta of 1.70. The firm has a fifty day moving average of $463.51 and a 200-day moving average of $408.08.

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.