VanEck Semiconductor ETF $SMH Position Raised by Gemsstock Ltd.

Gemsstock Ltd. raised its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 81.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 99,800 shares of the company’s stock after purchasing an additional 44,700 shares during the period. VanEck Semiconductor ETF accounts for about 5.2% of Gemsstock Ltd.’s portfolio, making the stock its 9th biggest position. Gemsstock Ltd. owned about 0.09% of VanEck Semiconductor ETF worth $35,941,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SMH. Brooklyn Investment Group boosted its holdings in VanEck Semiconductor ETF by 2.2% in the 4th quarter. Brooklyn Investment Group now owns 1,192 shares of the company’s stock worth $434,000 after buying an additional 26 shares during the last quarter. Armstrong Advisory Group Inc. boosted its holdings in VanEck Semiconductor ETF by 1.8% in the 4th quarter. Armstrong Advisory Group Inc. now owns 1,624 shares of the company’s stock worth $585,000 after buying an additional 29 shares during the last quarter. One Capital Management LLC boosted its holdings in VanEck Semiconductor ETF by 0.3% in the 4th quarter. One Capital Management LLC now owns 11,036 shares of the company’s stock worth $3,974,000 after buying an additional 31 shares during the last quarter. Ritholtz Wealth Management boosted its holdings in VanEck Semiconductor ETF by 0.6% in the 4th quarter. Ritholtz Wealth Management now owns 5,084 shares of the company’s stock worth $1,831,000 after buying an additional 32 shares during the last quarter. Finally, Cascade Investment Group Inc. boosted its holdings in VanEck Semiconductor ETF by 3.1% in the 4th quarter. Cascade Investment Group Inc. now owns 1,171 shares of the company’s stock worth $422,000 after buying an additional 35 shares during the last quarter.

VanEck Semiconductor ETF Trading Up 1.7%

SMH stock opened at $619.96 on Friday. VanEck Semiconductor ETF has a 12-month low of $256.05 and a 12-month high of $642.77. The stock has a market cap of $72.03 billion, a price-to-earnings ratio of 34.83 and a beta of 1.72. The business’s 50-day moving average is $527.42 and its 200 day moving average is $434.76.

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.