SeaCrest Wealth Management LLC Boosts Stake in VanEck Semiconductor ETF (NASDAQ:SMH)

SeaCrest Wealth Management LLC grew its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 13.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,752 shares of the company’s stock after purchasing an additional 457 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $844,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Saudi Central Bank purchased a new position in shares of VanEck Semiconductor ETF in the 4th quarter worth $105,273,000. Meitav Investment House Ltd. raised its position in shares of VanEck Semiconductor ETF by 103.2% in the 4th quarter. Meitav Investment House Ltd. now owns 732,008 shares of the company’s stock worth $127,948,000 after buying an additional 371,831 shares during the period. Private Advisor Group LLC raised its position in shares of VanEck Semiconductor ETF by 111.9% in the 4th quarter. Private Advisor Group LLC now owns 31,281 shares of the company’s stock worth $5,371,000 after buying an additional 293,538 shares during the period. Himension Capital Singapore PTE. LTD. raised its position in shares of VanEck Semiconductor ETF by 358.4% in the 4th quarter. Himension Capital Singapore PTE. LTD. now owns 318,624 shares of the company’s stock worth $55,718,000 after buying an additional 249,112 shares during the period. Finally, International Assets Investment Management LLC purchased a new position in shares of VanEck Semiconductor ETF in the 4th quarter worth $40,189,000.

VanEck Semiconductor ETF Trading Up 2.3 %

Shares of NASDAQ SMH opened at $269.62 on Thursday. VanEck Semiconductor ETF has a 12-month low of $136.10 and a 12-month high of $279.57. The company has a market cap of $22.78 billion, a P/E ratio of 18.82 and a beta of 1.35. The stock has a fifty day moving average price of $243.48 and a 200 day moving average price of $215.85.

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.