SB Capital Management Inc Acquires Shares of 855 VanEck Semiconductor ETF $SMH

SB Capital Management Inc bought a new position in VanEck Semiconductor ETF (NASDAQ:SMH) in the fourth quarter, Holdings Channel reports. The firm bought 855 shares of the company’s stock, valued at approximately $308,000.

Several other hedge funds have also recently made changes to their positions in SMH. Brooklyn Investment Group lifted its position in shares of VanEck Semiconductor ETF by 2.2% during the 4th quarter. Brooklyn Investment Group now owns 1,192 shares of the company’s stock valued at $434,000 after buying an additional 26 shares during the last quarter. Armstrong Advisory Group Inc. increased its holdings in VanEck Semiconductor ETF by 1.8% in the 4th quarter. Armstrong Advisory Group Inc. now owns 1,624 shares of the company’s stock worth $585,000 after acquiring an additional 29 shares during the last quarter. Johnson Investment Counsel Inc. raised its stake in VanEck Semiconductor ETF by 3.6% in the 4th quarter. Johnson Investment Counsel Inc. now owns 844 shares of the company’s stock valued at $304,000 after acquiring an additional 29 shares during the period. Arkadios Wealth Advisors raised its stake in VanEck Semiconductor ETF by 0.3% in the 4th quarter. Arkadios Wealth Advisors now owns 8,670 shares of the company’s stock valued at $3,122,000 after acquiring an additional 30 shares during the period. Finally, One Capital Management LLC lifted its holdings in VanEck Semiconductor ETF by 0.3% during the fourth quarter. One Capital Management LLC now owns 11,036 shares of the company’s stock valued at $3,974,000 after purchasing an additional 31 shares during the last quarter.

VanEck Semiconductor ETF Stock Up 5.8%

NASDAQ SMH opened at $659.88 on Friday. The company has a market cap of $76.67 billion, a PE ratio of 34.83 and a beta of 1.72. VanEck Semiconductor ETF has a 52 week low of $257.12 and a 52 week high of $663.80. The firm’s 50-day simple moving average is $546.75 and its two-hundred day simple moving average is $443.60.

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.