Patriot Financial Group Insurance Agency LLC Invests $447,000 in VanEck Semiconductor ETF $SMH

Patriot Financial Group Insurance Agency LLC acquired a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,166 shares of the company’s stock, valued at approximately $447,000.

Other large investors have also recently made changes to their positions in the company. Bank of America Corp DE grew its stake in VanEck Semiconductor ETF by 170.8% during the 4th quarter. Bank of America Corp DE now owns 12,174,182 shares of the company’s stock valued at $4,384,288,000 after purchasing an additional 7,678,318 shares during the last quarter. Bank of Nova Scotia lifted its holdings in shares of VanEck Semiconductor ETF by 24,986.6% during the third quarter. Bank of Nova Scotia now owns 755,107 shares of the company’s stock worth $246,437,000 after purchasing an additional 752,097 shares during the period. Harel Insurance Investments & Financial Services Ltd. boosted its position in VanEck Semiconductor ETF by 158.7% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,198,897 shares of the company’s stock valued at $431,759,000 after buying an additional 735,425 shares during the last quarter. Focus Partners Wealth boosted its position in VanEck Semiconductor ETF by 906.5% in the fourth quarter. Focus Partners Wealth now owns 745,768 shares of the company’s stock valued at $268,562,000 after buying an additional 671,673 shares during the last quarter. Finally, Capital Markets Trading UK LLP increased its holdings in VanEck Semiconductor ETF by 100.7% in the 3rd quarter. Capital Markets Trading UK LLP now owns 4,319 shares of the company’s stock worth $1,410,000 after buying an additional 617,050 shares during the period.

VanEck Semiconductor ETF Trading Down 5.4%

SMH opened at $620.46 on Thursday. VanEck Semiconductor ETF has a 12-month low of $274.66 and a 12-month high of $671.83. The firm has a market capitalization of $72.09 billion, a PE ratio of 34.83 and a beta of 1.72. The firm has a 50 day moving average of $580.82 and a two-hundred day moving average of $460.78.

VanEck Semiconductor ETF News Summary

Here are the key news stories impacting VanEck Semiconductor ETF this week:

• Positive Sentiment: Semiconductor demand tied to the AI buildout remains strong, with articles highlighting ongoing hyperscaler spending and persistent memory shortages that could support chipmakers’ earnings and keep investor interest in the sector elevated.
• Positive Sentiment: Broader market coverage says chip stocks helped power Wall Street to a strong first-half finish, reinforcing the idea that semiconductors are still one of the market’s key growth trades. Dow rises 110 points as chip stocks power Wall Street to strong first-half finish
• Neutral Sentiment: Several new ETF comparison pieces are drawing attention to semiconductor funds such as SMH, which may keep the sector in focus but do not themselves change the fundamentals of the holdings.
• Negative Sentiment: KLA Corporation (a semiconductor equipment name often held in SMH) fell sharply after a sector-wide sell-off, as investors locked in gains following a record-breaking first half for semiconductors. Why KLA Corporation (KLAC) Stock Is Down Today
• Negative Sentiment: Leveraged and equal-weight semiconductor ETF headlines show some investors reassessing risk and return in the chip trade, a sign that momentum may be cooling after a big run-up.

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.