Larry Mathis Financial Planning LLC Invests $628,000 in VanEck Semiconductor ETF $SMH

Larry Mathis Financial Planning LLC acquired a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) in the 4th quarter, Holdings Channel reports. The fund acquired 1,744 shares of the company’s stock, valued at approximately $628,000.

Several other institutional investors and hedge funds have also made changes to their positions in SMH. Corient Private Wealth LLC increased its stake in shares of VanEck Semiconductor ETF by 16.4% during the fourth quarter. Corient Private Wealth LLC now owns 6,777 shares of the company’s stock valued at $2,441,000 after acquiring an additional 953 shares during the period. Bayban acquired a new stake in VanEck Semiconductor ETF in the fourth quarter worth approximately $148,000. Pure Financial Advisors LLC lifted its position in VanEck Semiconductor ETF by 34.7% in the fourth quarter. Pure Financial Advisors LLC now owns 971 shares of the company’s stock worth $350,000 after purchasing an additional 250 shares during the period. SHP Wealth Management bought a new position in VanEck Semiconductor ETF during the 4th quarter valued at $428,000. Finally, Koenig Investment Advisory LLC bought a new position in VanEck Semiconductor ETF during the 4th quarter valued at $482,000.

VanEck Semiconductor ETF Stock Performance

Shares of SMH stock opened at $659.88 on Friday. VanEck Semiconductor ETF has a 1 year low of $257.12 and a 1 year high of $663.80. The stock has a market cap of $76.67 billion, a PE ratio of 34.83 and a beta of 1.72. The business’s fifty day moving average is $551.49 and its 200-day moving average is $445.11.

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.