Guyasuta Investment Advisors Inc. Makes New Investment in VanEck Semiconductor ETF $SMH

Guyasuta Investment Advisors Inc. acquired a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,400 shares of the company’s stock, valued at approximately $853,000.

A number of other hedge funds have also recently modified their holdings of the business. Renaissance Technologies LLC bought a new position in shares of VanEck Semiconductor ETF in the 1st quarter worth about $141,661,000. Clal Insurance Enterprises Holdings Ltd lifted its position in VanEck Semiconductor ETF by 107.3% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 570,000 shares of the company’s stock valued at $218,538,000 after acquiring an additional 295,000 shares during the period. GoalVest Advisory LLC boosted its stake in VanEck Semiconductor ETF by 290,983.3% during the third quarter. GoalVest Advisory LLC now owns 174,650 shares of the company’s stock worth $106,362,000 after acquiring an additional 174,590 shares in the last quarter. Meitav Investment House Ltd. boosted its stake in VanEck Semiconductor ETF by 17.3% during the first quarter. Meitav Investment House Ltd. now owns 905,426 shares of the company’s stock worth $347,140,000 after acquiring an additional 133,601 shares in the last quarter. Finally, Copley Financial Group Inc. bought a new stake in VanEck Semiconductor ETF during the second quarter worth about $49,407,000.

VanEck Semiconductor ETF Stock Performance

Shares of SMH opened at $558.84 on Friday. The stock has a market cap of $67.33 billion, a PE ratio of 34.83 and a beta of 1.73. VanEck Semiconductor ETF has a fifty-two week low of $315.05 and a fifty-two week high of $671.83. The firm’s 50-day simple moving average is $579.57 and its two-hundred day simple moving average is $560.84.

VanEck Semiconductor ETF Company 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.