VanEck Semiconductor ETF $SMH Shares Purchased by Focus Partners Wealth

Focus Partners Wealth increased its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 906.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 745,768 shares of the company’s stock after purchasing an additional 671,673 shares during the quarter. Focus Partners Wealth owned 0.68% of VanEck Semiconductor ETF worth $268,562,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of SMH. 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. lifted its holdings in shares of VanEck Semiconductor ETF by 158.7% during the fourth 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. Capital Markets Trading UK LLP lifted its holdings in shares of VanEck Semiconductor ETF by 100.7% during the third quarter. Capital Markets Trading UK LLP now owns 4,319 shares of the company’s stock worth $1,410,000 after purchasing an additional 617,050 shares during the period. Baker Avenue Asset Management LP raised its position in VanEck Semiconductor ETF by 100.3% during the fourth quarter. Baker Avenue Asset Management LP now owns 1,011 shares of the company’s stock valued at $364,000 after acquiring an additional 349,979 shares in the last quarter. Finally, RiverFront Investment Group LLC raised its position in VanEck Semiconductor ETF by 249.6% during the fourth quarter. RiverFront Investment Group LLC now owns 399,345 shares of the company’s stock valued at $143,816,000 after acquiring an additional 285,117 shares in the last quarter.

VanEck Semiconductor ETF Trading Up 1.7%

Shares of SMH stock opened at $619.96 on Friday. The stock has a 50 day moving average of $527.42 and a 200 day moving average of $434.76. The stock has a market cap of $72.03 billion, a P/E ratio of 34.83 and a beta of 1.72. VanEck Semiconductor ETF has a twelve month low of $256.05 and a twelve month high of $642.77.

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.