VanEck Semiconductor ETF (NASDAQ:SMH) Shares Bought by Carnegie Capital Asset Management LLC

Carnegie Capital Asset Management LLC raised its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 26.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 1,800 shares of the company’s stock after buying an additional 380 shares during the quarter. Carnegie Capital Asset Management LLC’s holdings in VanEck Semiconductor ETF were worth $315,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SMH. Retirement Income Solutions Inc raised its holdings in shares of VanEck Semiconductor ETF by 26.1% during the first quarter. Retirement Income Solutions Inc now owns 1,695 shares of the company’s stock valued at $457,000 after buying an additional 351 shares during the last quarter. TradeLink Capital LLC bought a new stake in shares of VanEck Semiconductor ETF during the first quarter valued at approximately $1,052,000. JPMorgan Chase & Co. raised its holdings in shares of VanEck Semiconductor ETF by 44.3% during the first quarter. JPMorgan Chase & Co. now owns 37,718 shares of the company’s stock valued at $10,176,000 after buying an additional 11,584 shares during the last quarter. Synovus Financial Corp raised its holdings in shares of VanEck Semiconductor ETF by 12.4% during the first quarter. Synovus Financial Corp now owns 905 shares of the company’s stock valued at $244,000 after buying an additional 100 shares during the last quarter. Finally, Cibc World Market Inc. raised its holdings in shares of VanEck Semiconductor ETF by 190.0% during the first quarter. Cibc World Market Inc. now owns 19,587 shares of the company’s stock valued at $5,284,000 after buying an additional 12,834 shares during the last quarter.

VanEck Semiconductor ETF Trading Down 3.1 %

SMH opened at $212.40 on Thursday. The business’s 50 day moving average is $217.07 and its 200-day moving average is $182.68. The stock has a market cap of $17.85 billion, a PE ratio of 17.19 and a beta of 1.35. VanEck Semiconductor ETF has a twelve month low of $118.57 and a twelve month high of $239.14.

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.