VanEck Semiconductor ETF $SMH Shares Bought by Pachira Investments Inc.

Pachira Investments Inc. raised its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 68.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,580 shares of the company’s stock after buying an additional 5,917 shares during the quarter. VanEck Semiconductor ETF accounts for 2.6% of Pachira Investments Inc.’s portfolio, making the stock its 17th largest position. Pachira Investments Inc.’s holdings in VanEck Semiconductor ETF were worth $5,251,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the company. CENTRAL TRUST Co lifted its stake in VanEck Semiconductor ETF by 66.7% during the fourth quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock valued at $43,000 after buying an additional 48 shares in the last quarter. RWQ Financial Management Services Inc. purchased a new stake in VanEck Semiconductor ETF during the fourth quarter valued at about $23,841,000. Aurora Private Wealth Inc. purchased a new stake in VanEck Semiconductor ETF during the fourth quarter valued at about $345,000. Benjamin Edwards Inc. purchased a new stake in VanEck Semiconductor ETF during the fourth quarter valued at about $386,000. Finally, Retirement Planning Group LLC NY purchased a new stake in VanEck Semiconductor ETF during the fourth quarter valued at about $271,000.

VanEck Semiconductor ETF Stock Performance

SMH stock opened at $509.82 on Monday. VanEck Semiconductor ETF has a one year low of $212.84 and a one year high of $511.99. The firm has a market capitalization of $59.24 billion, a PE ratio of 34.83 and a beta of 1.70. The firm has a 50-day moving average of $420.20 and a two-hundred day moving average of $388.07.

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.