23,569 Shares in VanEck Semiconductor ETF $SMH Acquired by Woodmont Investment Counsel LLC

Woodmont Investment Counsel LLC purchased a new position in VanEck Semiconductor ETF (NASDAQ:SMH) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 23,569 shares of the company’s stock, valued at approximately $14,354,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Traynor Capital Management Inc. raised its holdings in VanEck Semiconductor ETF by 1.1% in the 3rd quarter. Traynor Capital Management Inc. now owns 10,967 shares of the company’s stock worth $6,679,000 after purchasing an additional 122 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich purchased a new stake in shares of VanEck Semiconductor ETF in the 3rd quarter worth about $29,534,000. DecisionMap Wealth Management LLC lifted its position in shares of VanEck Semiconductor ETF by 30.4% in the 3rd quarter. DecisionMap Wealth Management LLC now owns 498 shares of the company’s stock worth $303,000 after purchasing an additional 116 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter valued at about $183,763,000. Finally, Vise Technologies Inc. boosted its stake in shares of VanEck Semiconductor ETF by 79.5% during the 3rd quarter. Vise Technologies Inc. now owns 3,953 shares of the company’s stock valued at $2,408,000 after purchasing an additional 1,751 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ SMH opened at $522.49 on Monday. VanEck Semiconductor ETF has a 1 year low of $315.05 and a 1 year high of $671.83. The company’s 50-day moving average is $572.62 and its 200 day moving average is $518.19. The stock has a market capitalization of $66.59 billion, a P/E ratio of 34.83 and a beta of 1.73.

VanEck Semiconductor ETF 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.