VanEck Semiconductor ETF (NASDAQ:SMH) Shares Acquired by Glen Eagle Advisors LLC

Glen Eagle Advisors LLC boosted its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 55.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,793 shares of the company’s stock after acquiring an additional 637 shares during the period. Glen Eagle Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $434,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its position in VanEck Semiconductor ETF by 48.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock worth $319,983,000 after buying an additional 424,042 shares during the last quarter. Atomi Financial Group Inc. increased its stake in shares of VanEck Semiconductor ETF by 15.3% during the fourth quarter. Atomi Financial Group Inc. now owns 1,727 shares of the company’s stock worth $418,000 after acquiring an additional 229 shares during the period. Beaumont Financial Advisors LLC purchased a new position in VanEck Semiconductor ETF during the fourth quarter worth about $303,000. Advisory Alpha LLC lifted its position in VanEck Semiconductor ETF by 13.9% in the fourth quarter. Advisory Alpha LLC now owns 2,509 shares of the company’s stock valued at $608,000 after purchasing an additional 307 shares during the period. Finally, Global Trust Asset Management LLC lifted its position in VanEck Semiconductor ETF by 29.5% in the fourth quarter. Global Trust Asset Management LLC now owns 1,930 shares of the company’s stock valued at $467,000 after purchasing an additional 440 shares during the period.

VanEck Semiconductor ETF Trading Down 1.7%

Shares of SMH opened at $241.47 on Thursday. The stock’s 50 day moving average is $214.56 and its two-hundred day moving average is $234.65. VanEck Semiconductor ETF has a twelve month low of $170.11 and a twelve month high of $283.07. The firm has a market capitalization of $21.87 billion, a PE ratio of 30.48 and a beta of 1.35.

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.