Beaumont Asset Management L.L.C. Invests $569,000 in VanEck Semiconductor ETF $SMH

Beaumont Asset Management L.L.C. purchased a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 1,581 shares of the company’s stock, valued at approximately $569,000.

A number of other hedge funds have also added to or reduced their stakes in the company. Alpha Cubed Investments LLC lifted its stake in VanEck Semiconductor ETF by 2.5% during the third quarter. Alpha Cubed Investments LLC now owns 1,170 shares of the company’s stock worth $382,000 after purchasing an additional 28 shares during the last quarter. Hazlett Burt & Watson Inc. increased its stake in shares of VanEck Semiconductor ETF by 24.1% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 144 shares of the company’s stock valued at $46,000 after purchasing an additional 28 shares during the last quarter. Klingman & Associates LLC raised its holdings in shares of VanEck Semiconductor ETF by 2.7% during the 3rd quarter. Klingman & Associates LLC now owns 1,100 shares of the company’s stock worth $359,000 after buying an additional 29 shares in the last quarter. Armstrong Advisory Group Inc. raised its holdings in shares of VanEck Semiconductor ETF by 1.8% during the 4th quarter. Armstrong Advisory Group Inc. now owns 1,624 shares of the company’s stock worth $585,000 after buying an additional 29 shares in the last quarter. Finally, Global Financial Private Client LLC lifted its position in shares of VanEck Semiconductor ETF by 0.8% during the 3rd quarter. Global Financial Private Client LLC now owns 3,947 shares of the company’s stock worth $1,288,000 after buying an additional 32 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

NASDAQ:SMH opened at $392.32 on Monday. The stock’s 50-day simple moving average is $399.02 and its 200 day simple moving average is $370.58. The firm has a market capitalization of $41.88 billion, a PE ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a twelve month low of $170.11 and a twelve month high of $427.94.

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.