Fortis Group Advisors LLC Buys Shares of 2,401 VanEck Semiconductor ETF $SMH

Fortis Group Advisors LLC purchased a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,401 shares of the company’s stock, valued at approximately $865,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. WealthCollab LLC acquired a new position in shares of VanEck Semiconductor ETF in the fourth quarter worth approximately $28,000. Grey Fox Wealth Advisors LLC acquired a new position in shares of VanEck Semiconductor ETF in the third quarter worth approximately $31,000. CENTRAL TRUST Co lifted its stake in shares of VanEck Semiconductor ETF by 66.7% in the fourth quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock worth $43,000 after acquiring an additional 48 shares during the period. Root Financial Partners LLC acquired a new position in shares of VanEck Semiconductor ETF in the third quarter worth approximately $39,000. Finally, Olistico Wealth LLC acquired a new position in shares of VanEck Semiconductor ETF in the fourth quarter worth approximately $44,000.

VanEck Semiconductor ETF Price Performance

VanEck Semiconductor ETF stock opened at $567.88 on Friday. VanEck Semiconductor ETF has a one year low of $234.59 and a one year high of $581.17. The stock’s 50 day moving average is $460.01 and its 200 day moving average is $406.89. The firm has a market cap of $65.98 billion, a P/E ratio of 34.83 and a beta of 1.70.

VanEck Semiconductor ETF Company 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.