Accurate Wealth Management LLC Has $2.11 Million Holdings in VanEck Semiconductor ETF $SMH

Accurate Wealth Management LLC increased its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 44.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 5,411 shares of the company’s stock after acquiring an additional 1,675 shares during the quarter. Accurate Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $2,106,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SMH. Bank of Nova Scotia raised its position in shares of VanEck Semiconductor ETF by 24,986.6% during the third quarter. Bank of Nova Scotia now owns 755,107 shares of the company’s stock valued at $246,437,000 after buying an additional 752,097 shares during the last quarter. Menora Mivtachim Holdings LTD. grew its position in VanEck Semiconductor ETF by 0.4% during the third quarter. Menora Mivtachim Holdings LTD. now owns 576,000 shares of the company’s stock worth $187,983,000 after buying an additional 2,500 shares in the last quarter. Meitav Investment House Ltd. increased its stake in VanEck Semiconductor ETF by 17.0% during the third quarter. Meitav Investment House Ltd. now owns 556,289 shares of the company’s stock valued at $181,266,000 after acquiring an additional 80,957 shares during the period. Raymond James Financial Inc. increased its stake in VanEck Semiconductor ETF by 8.3% during the second quarter. Raymond James Financial Inc. now owns 534,989 shares of the company’s stock valued at $149,198,000 after acquiring an additional 40,831 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in VanEck Semiconductor ETF by 8.5% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 526,529 shares of the company’s stock valued at $171,838,000 after acquiring an additional 41,280 shares in the last quarter.

VanEck Semiconductor ETF Trading Down 1.7%

Shares of SMH stock opened at $374.25 on Friday. The company has a market capitalization of $40.90 billion, a P/E ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a 12 month low of $170.11 and a 12 month high of $427.94. The stock has a 50 day moving average of $400.48 and a two-hundred day moving average of $366.85.

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.