Granite Group Advisors LLC Takes Position in VanEck Semiconductor ETF $SMH

Granite Group Advisors LLC purchased a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) in the 4th quarter, HoldingsChannel reports. The firm purchased 1,762 shares of the company’s stock, valued at approximately $635,000.

Other large investors also recently bought and sold shares of the company. Alpha Cubed Investments LLC grew its holdings in VanEck Semiconductor ETF by 2.5% in the third quarter. Alpha Cubed Investments LLC now owns 1,170 shares of the company’s stock valued at $382,000 after purchasing an additional 28 shares during the period. Hazlett Burt & Watson Inc. raised its stake in shares of VanEck Semiconductor ETF by 24.1% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 144 shares of the company’s stock worth $46,000 after buying an additional 28 shares during the period. Klingman & Associates LLC raised its stake in shares of VanEck Semiconductor ETF by 2.7% during the 3rd quarter. Klingman & Associates LLC now owns 1,100 shares of the company’s stock worth $359,000 after buying an additional 29 shares during the period. Armstrong Advisory Group Inc. lifted its position in shares of VanEck Semiconductor ETF by 1.8% during the 4th quarter. Armstrong Advisory Group Inc. now owns 1,624 shares of the company’s stock valued at $585,000 after buying an additional 29 shares in the last quarter. Finally, Global Financial Private Client LLC grew its stake in VanEck Semiconductor ETF by 0.8% in the 3rd quarter. Global Financial Private Client LLC now owns 3,947 shares of the company’s stock valued at $1,288,000 after acquiring an additional 32 shares during the period.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ SMH opened at $380.73 on Friday. The firm has a fifty day moving average of $401.00 and a 200 day moving average of $366.31. The firm has a market cap of $41.61 billion, a PE ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a one year low of $170.11 and a one year high of $427.94.

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.