SHP Wealth Management Takes Position in VanEck Semiconductor ETF $SMH

SHP Wealth Management acquired a new position in VanEck Semiconductor ETF (NASDAQ:SMH) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 1,187 shares of the company’s stock, valued at approximately $428,000.

Other hedge funds have also recently bought and sold shares of the company. WealthCollab LLC purchased a new position in shares of VanEck Semiconductor ETF during the 4th quarter valued at approximately $28,000. Investment Counsel Co. of Nevada bought a new stake in shares of VanEck Semiconductor ETF in the fourth quarter worth $35,000. Core Wealth Advisors LLC bought a new stake in shares of VanEck Semiconductor ETF in the fourth quarter worth $36,000. Jessup Wealth Management Inc acquired a new stake in VanEck Semiconductor ETF in the fourth quarter valued at $40,000. Finally, CENTRAL TRUST Co raised its holdings in VanEck Semiconductor ETF by 66.7% in the fourth quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock valued at $43,000 after acquiring an additional 48 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of SMH stock opened at $659.88 on Friday. The firm has a fifty day moving average of $551.49 and a two-hundred day moving average of $445.11. The firm has a market cap of $76.67 billion, a P/E ratio of 34.83 and a beta of 1.72. VanEck Semiconductor ETF has a 1-year low of $257.12 and a 1-year high of $663.80.

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.