Marcum Wealth LLC purchased a new position in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 934 shares of the company’s stock, valued at approximately $210,000.
Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Park Avenue Securities LLC bought a new position in VanEck Semiconductor ETF in the first quarter worth about $6,745,000. SOA Wealth Advisors LLC. lifted its stake in VanEck Semiconductor ETF by 55.4% during the 1st quarter. SOA Wealth Advisors LLC. now owns 1,251 shares of the company’s stock valued at $281,000 after acquiring an additional 446 shares during the period. Legacy Financial Strategies LLC acquired a new position in VanEck Semiconductor ETF during the first quarter valued at $238,000. Wedmont Private Capital purchased a new stake in shares of VanEck Semiconductor ETF in the first quarter worth about $227,000. Finally, Banque Cantonale Vaudoise boosted its position in VanEck Semiconductor ETF by 31.3% in the 1st quarter. Banque Cantonale Vaudoise now owns 630 shares of the company’s stock worth $142,000 after purchasing an additional 150 shares in the last quarter.
VanEck Semiconductor ETF Price Performance
VanEck Semiconductor ETF stock opened at $264.89 on Friday. The stock has a market capitalization of $22.38 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 12 month low of $136.10 and a 12 month high of $279.57. The business has a 50 day simple moving average of $235.15 and a 200-day simple moving average of $210.54.
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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