Wealthgarden F.S. LLC purchased a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) during the 1st quarter, Holdings Channel.com reports. The fund purchased 834 shares of the company’s stock, valued at approximately $320,000.
A number of other hedge funds have also recently made changes to their positions in SMH. Bank of America Corp DE boosted its stake in shares of VanEck Semiconductor ETF by 170.8% in 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 in the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its position in VanEck Semiconductor ETF by 158.7% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,198,897 shares of the company’s stock worth $431,759,000 after purchasing an additional 735,425 shares during the period. Focus Partners Wealth raised its position in VanEck Semiconductor ETF by 906.5% in the 4th quarter. Focus Partners Wealth now owns 745,768 shares of the company’s stock worth $268,562,000 after purchasing an additional 671,673 shares during the period. Baker Avenue Asset Management LP raised its position in VanEck Semiconductor ETF by 100.3% in the 4th quarter. Baker Avenue Asset Management LP now owns 1,011 shares of the company’s stock worth $364,000 after purchasing an additional 349,979 shares during the period. Finally, RiverFront Investment Group LLC lifted its stake in VanEck Semiconductor ETF by 249.6% in the fourth quarter. RiverFront Investment Group LLC now owns 399,345 shares of the company’s stock worth $143,816,000 after purchasing an additional 285,117 shares during the last quarter.
Key Headlines Impacting VanEck Semiconductor ETF
Here are the key news stories impacting VanEck Semiconductor ETF this week:
- Positive Sentiment: AI-related commentary remains a key tailwind for semiconductor stocks, with one article arguing that a major “tectonic” AI shift is still underway and likely to keep demand strong for chipmakers held by SMH. The Tectonic AI Shift Is Here
- Positive Sentiment: Recent coverage on semiconductor-focused ETFs highlights ongoing investor interest in broad exposure to the chip sector, which can support flows into SMH. Should You Invest in the VanEck Semiconductor ETF (SMH)?
- Neutral Sentiment: Analyst-style ETF pieces on “which hot funds have staying power” and whether SMH is worth owning are likely to keep the ETF in focus, but they do not appear to introduce a major new catalyst. Which Hot Funds Have Staying Power? Should You Invest in the VanEck Semiconductor ETF (SMH)?
- Negative Sentiment: Market commentary points to renewed volatility in tech after Monday’s selloff, suggesting semiconductors could remain sensitive to macro headlines and risk-off trading. Earnings, CPI, Persian Gulf Roil Wall Street Pre-Bell; Asia Up, Europe Off
- Negative Sentiment: Articles warning that chip stocks may face pressure after Taiwan Semiconductor earnings and that recent gains in leveraged semis could be hard to sustain may weigh on sentiment for SMH. 5 Stocks That Can Win or Lose After Taiwan Semiconductor Earnings The 2 Pressure Points That Will Determine SOXL’s Next 12 Months
VanEck Semiconductor ETF Stock Up 2.5%
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.
Recommended Stories
- Five stocks we like better than VanEck Semiconductor ETF
- Why Fastenal’s Latest Drop Could Be Its Biggest Opportunity Yet
- 3 Overlooked Energy ETFs Delivering Strong Returns and Income
- 3 Space Stocks That Could Outshine SpaceX After Its IPO
- JPMorgan’s Q2 Strength Gives the Stock Rally New Support
Want to see what other hedge funds are holding SMH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Semiconductor ETF (NASDAQ:SMH – Free Report).
Receive News & Ratings for VanEck Semiconductor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Semiconductor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
