IHT Wealth Management LLC lowered its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 12.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,398 shares of the company’s stock after selling 3,132 shares during the period. IHT Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $8,066,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds also recently bought and sold shares of the company. WealthCollab LLC acquired a new position in shares of VanEck Semiconductor ETF during the fourth quarter worth $28,000. Investment Counsel Co. of Nevada acquired a new position in shares of VanEck Semiconductor ETF during the fourth quarter worth $35,000. Core Wealth Advisors LLC acquired a new position in shares of VanEck Semiconductor ETF during the fourth quarter worth $36,000. Jessup Wealth Management Inc acquired a new position in shares of VanEck Semiconductor ETF during the fourth quarter worth $40,000. Finally, CENTRAL TRUST Co increased its position in shares of VanEck Semiconductor ETF by 66.7% during the fourth quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock worth $43,000 after purchasing an additional 48 shares in the last quarter.
VanEck Semiconductor ETF Trading Up 1.3%
Shares of SMH stock opened at $623.97 on Thursday. The business’s fifty day simple moving average is $541.55 and its 200-day simple moving average is $441.43. The company has a market cap of $72.50 billion, a PE ratio of 34.83 and a beta of 1.72. VanEck Semiconductor ETF has a 12-month low of $257.12 and a 12-month high of $649.24.
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.
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