J. Derek Lewis & Associates Inc. Makes New Investment in VanEck Semiconductor ETF $SMH

J. Derek Lewis & Associates Inc. acquired a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 1,188 shares of the company’s stock, valued at approximately $428,000.

Several other institutional investors have also recently modified their holdings of the stock. WealthCollab LLC acquired a new stake in VanEck Semiconductor ETF during the 4th quarter valued at $28,000. Investment Counsel Co. of Nevada acquired a new position in shares of VanEck Semiconductor ETF in the fourth quarter worth $35,000. Core Wealth Advisors LLC acquired a new position in shares of VanEck Semiconductor ETF in the fourth quarter worth $36,000. Jessup Wealth Management Inc purchased a new stake in shares of VanEck Semiconductor ETF in the fourth quarter valued at $40,000. Finally, CENTRAL TRUST Co lifted its position in shares of VanEck Semiconductor ETF by 66.7% in the fourth quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock valued at $43,000 after acquiring an additional 48 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

SMH opened at $659.88 on Friday. The firm has a market cap of $76.67 billion, a P/E ratio of 34.83 and a beta of 1.72. The business’s fifty day simple moving average is $551.49 and its 200 day simple moving average is $445.11. VanEck Semiconductor ETF has a 52 week low of $257.12 and a 52 week high of $663.80.

About VanEck Semiconductor ETF

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.