Modern Wealth Management LLC acquired a new position in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 8,920 shares of the company’s stock, valued at approximately $2,227,000.
Several other hedge funds have also modified their holdings of SMH. Hartford Financial Management Inc. grew its stake in VanEck Semiconductor ETF by 61.9% in the 4th quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after acquiring an additional 39 shares during the period. Mather Group LLC. increased its stake in VanEck Semiconductor ETF by 320.0% during the 4th quarter. Mather Group LLC. now owns 105 shares of the company’s stock worth $25,000 after buying an additional 80 shares in the last quarter. Ethos Financial Group LLC acquired a new position in shares of VanEck Semiconductor ETF during the fourth quarter valued at approximately $28,000. Hemington Wealth Management lifted its position in shares of VanEck Semiconductor ETF by 50.6% in the fourth quarter. Hemington Wealth Management now owns 131 shares of the company’s stock valued at $31,000 after acquiring an additional 44 shares in the last quarter. Finally, Fifth Third Bancorp boosted its stake in shares of VanEck Semiconductor ETF by 80.2% in the fourth quarter. Fifth Third Bancorp now owns 155 shares of the company’s stock worth $38,000 after acquiring an additional 69 shares during the last quarter.
VanEck Semiconductor ETF Stock Performance
NASDAQ SMH opened at $229.65 on Wednesday. The business has a fifty day moving average price of $240.57 and a 200 day moving average price of $244.29. The company has a market cap of $21.75 billion, a P/E ratio of 31.46 and a beta of 1.35. VanEck Semiconductor ETF has a one year low of $198.44 and a one year high of $283.07.
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.
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