1,226 Shares in VanEck Semiconductor ETF (NASDAQ:SMH) Acquired by Simplicity Solutions LLC

Simplicity Solutions LLC bought a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,226 shares of the company’s stock, valued at approximately $214,000.

A number of other institutional investors also recently made changes to their positions in the business. NewEdge Wealth LLC raised its position in shares of VanEck Semiconductor ETF by 1.9% in the 4th quarter. NewEdge Wealth LLC now owns 122,287 shares of the company’s stock valued at $21,384,000 after purchasing an additional 2,291 shares in the last quarter. Lodestar Private Asset Management LLC raised its position in shares of VanEck Semiconductor ETF by 125.7% in the 4th quarter. Lodestar Private Asset Management LLC now owns 4,402 shares of the company’s stock valued at $770,000 after purchasing an additional 2,452 shares in the last quarter. Friedenthal Financial acquired a new position in shares of VanEck Semiconductor ETF in the 4th quarter valued at approximately $123,000. Birch Hill Investment Advisors LLC acquired a new position in shares of VanEck Semiconductor ETF in the 4th quarter valued at approximately $224,000. Finally, Meitav Investment House Ltd. raised its position in shares of VanEck Semiconductor ETF by 103.2% in the 4th quarter. Meitav Investment House Ltd. now owns 732,008 shares of the company’s stock valued at $127,948,000 after purchasing an additional 371,831 shares in the last quarter.

VanEck Semiconductor ETF Trading Down 4.5 %

Shares of NASDAQ SMH opened at $199.21 on Monday. VanEck Semiconductor ETF has a twelve month low of $118.57 and a twelve month high of $239.14. The company has a market capitalization of $16.63 billion, a price-to-earnings ratio of 17.70 and a beta of 1.35. The business has a 50 day simple moving average of $217.17 and a 200-day simple moving average of $183.78.

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.