Capstone Wealth Management Group LLC Buys New Holdings in VanEck Semiconductor ETF $SMH

Capstone Wealth Management Group LLC purchased a new position in VanEck Semiconductor ETF (NASDAQ:SMHFree Report) during the first quarter, HoldingsChannel reports. The fund purchased 3,973 shares of the company’s stock, valued at approximately $1,523,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Flagstar Advisors Inc. boosted its holdings in shares of VanEck Semiconductor ETF by 68.2% during the 4th quarter. Flagstar Advisors Inc. now owns 5,910 shares of the company’s stock valued at $2,128,000 after purchasing an additional 2,396 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its stake in VanEck Semiconductor ETF by 128.0% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 8,510 shares of the company’s stock valued at $3,177,000 after buying an additional 4,778 shares during the last quarter. Apollon Wealth Management LLC boosted its stake in VanEck Semiconductor ETF by 2.9% during the fourth quarter. Apollon Wealth Management LLC now owns 47,977 shares of the company’s stock valued at $17,278,000 after buying an additional 1,356 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in VanEck Semiconductor ETF by 58.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 32,481 shares of the company’s stock valued at $11,697,000 after buying an additional 11,973 shares in the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. grew its holdings in VanEck Semiconductor ETF by 72.6% during the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 403,452 shares of the company’s stock valued at $145,296,000 after buying an additional 169,737 shares in the last quarter.

Trending Headlines about VanEck Semiconductor ETF

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VanEck Semiconductor ETF Price Performance

NASDAQ:SMH opened at $581.45 on Wednesday. The company has a market cap of $68.72 billion, a price-to-earnings ratio of 34.83 and a beta of 1.71. VanEck Semiconductor ETF has a 1 year low of $279.19 and a 1 year high of $671.83. The stock’s 50 day simple moving average is $589.63 and its two-hundred day simple moving average is $467.62.

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.

Further Reading

Want to see what other hedge funds are holding SMH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Semiconductor ETF (NASDAQ:SMHFree Report).

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

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