Pines Wealth Management LLC bought a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 2,550 shares of the company’s stock, valued at approximately $630,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mendota Financial Group LLC purchased a new position in VanEck Semiconductor ETF in the 3rd quarter worth about $25,000. Financial Management Professionals Inc. bought a new position in VanEck Semiconductor ETF in the 3rd quarter worth $28,000. Darwin Wealth Management LLC bought a new position in shares of VanEck Semiconductor ETF in the third quarter worth about $29,000. Pathway Financial Advisers LLC lifted its holdings in VanEck Semiconductor ETF by 194.2% during the third quarter. Pathway Financial Advisers LLC now owns 153 shares of the company’s stock valued at $38,000 after purchasing an additional 101 shares in the last quarter. Finally, PSI Advisors LLC purchased a new position in shares of VanEck Semiconductor ETF during the 3rd quarter valued at $39,000.
VanEck Semiconductor ETF Stock Up 0.3 %
NASDAQ SMH opened at $245.44 on Wednesday. VanEck Semiconductor ETF has a twelve month low of $171.49 and a twelve month high of $283.07. The firm has a market cap of $23.88 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. The business has a 50-day moving average price of $247.38 and a 200-day moving average price of $246.04.
VanEck Semiconductor ETF Dividend Announcement
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.
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