VanEck Semiconductor ETF $SMH is WESPAC Advisors SoCal LLC’s Largest Position

WESPAC Advisors SoCal LLC raised its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 3.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 70,504 shares of the company’s stock after acquiring an additional 2,251 shares during the period. VanEck Semiconductor ETF makes up 5.1% of WESPAC Advisors SoCal LLC’s investment portfolio, making the stock its largest holding. WESPAC Advisors SoCal LLC owned 0.07% of VanEck Semiconductor ETF worth $25,391,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. increased its stake in shares of VanEck Semiconductor ETF by 93.3% during the second quarter. JPMorgan Chase & Co. now owns 1,458,395 shares of the company’s stock worth $406,718,000 after acquiring an additional 703,799 shares during the period. Bank of Nova Scotia boosted its holdings in VanEck Semiconductor ETF by 24,986.6% in the 3rd quarter. Bank of Nova Scotia now owns 755,107 shares of the company’s stock valued at $246,437,000 after purchasing an additional 752,097 shares in the last quarter. Menora Mivtachim Holdings LTD. boosted its holdings in VanEck Semiconductor ETF by 0.4% in the 3rd quarter. Menora Mivtachim Holdings LTD. now owns 576,000 shares of the company’s stock valued at $187,983,000 after purchasing an additional 2,500 shares in the last quarter. Meitav Investment House Ltd. increased its position in VanEck Semiconductor ETF by 17.0% during the 3rd quarter. Meitav Investment House Ltd. now owns 556,289 shares of the company’s stock worth $181,266,000 after purchasing an additional 80,957 shares during the period. Finally, Raymond James Financial Inc. raised its stake in shares of VanEck Semiconductor ETF by 8.3% during the 2nd quarter. Raymond James Financial Inc. now owns 534,989 shares of the company’s stock worth $149,198,000 after buying an additional 40,831 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

SMH opened at $384.74 on Friday. VanEck Semiconductor ETF has a 12 month low of $170.11 and a 12 month high of $427.94. The stock has a market capitalization of $42.05 billion, a P/E ratio of 34.83 and a beta of 1.52. The business has a 50 day simple moving average of $401.03 and a 200-day simple moving average of $363.47.

VanEck Semiconductor ETF Company Profile

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.