Wealthgarden F.S. LLC Purchases Shares of 834 VanEck Semiconductor ETF $SMH

Wealthgarden F.S. LLC purchased a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMHFree Report) during the 1st quarter, Holdings Channel.com reports. The fund purchased 834 shares of the company’s stock, valued at approximately $320,000.

A number of other hedge funds have also recently made changes to their positions in SMH. Bank of America Corp DE boosted its stake in shares of VanEck Semiconductor ETF by 170.8% in the 4th quarter. Bank of America Corp DE now owns 12,174,182 shares of the company’s stock valued at $4,384,288,000 after purchasing an additional 7,678,318 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its position in VanEck Semiconductor ETF by 158.7% in the 4th 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. Focus Partners Wealth raised its position in VanEck Semiconductor ETF by 906.5% in the 4th quarter. Focus Partners Wealth now owns 745,768 shares of the company’s stock worth $268,562,000 after purchasing an additional 671,673 shares during the period. Baker Avenue Asset Management LP raised its position in VanEck Semiconductor ETF by 100.3% in the 4th quarter. Baker Avenue Asset Management LP now owns 1,011 shares of the company’s stock worth $364,000 after purchasing an additional 349,979 shares during the period. Finally, RiverFront Investment Group LLC lifted its stake in VanEck Semiconductor ETF by 249.6% in the fourth quarter. RiverFront Investment Group LLC now owns 399,345 shares of the company’s stock worth $143,816,000 after purchasing an additional 285,117 shares during the last quarter.

Key Headlines Impacting VanEck Semiconductor ETF

Here are the key news stories impacting VanEck Semiconductor ETF this week:

VanEck Semiconductor ETF Stock Up 2.5%

NASDAQ SMH opened at $600.31 on Wednesday. The company has a 50-day simple moving average of $599.06 and a two-hundred day simple moving average of $476.13. VanEck Semiconductor ETF has a 12-month low of $279.19 and a 12-month high of $671.83. The firm has a market cap of $72.12 billion, a price-to-earnings ratio of 34.83 and a beta of 1.71.

About VanEck Semiconductor ETF

(Free Report)

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.

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Institutional Ownership by Quarter for VanEck Semiconductor ETF (NASDAQ:SMH)

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