Great Valley Advisor Group Inc. Raises Holdings in VanEck Semiconductor ETF $SMH

Great Valley Advisor Group Inc. lifted its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 9.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 45,446 shares of the company’s stock after purchasing an additional 4,040 shares during the quarter. Great Valley Advisor Group Inc.’s holdings in VanEck Semiconductor ETF were worth $16,367,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. WealthCollab LLC bought a new stake in shares of VanEck Semiconductor ETF during the 4th quarter valued at $28,000. Core Wealth Advisors LLC bought a new stake in shares of VanEck Semiconductor ETF during the 4th quarter valued at $36,000. Jessup Wealth Management Inc bought a new stake in shares of VanEck Semiconductor ETF during the 4th quarter valued at $40,000. CENTRAL TRUST Co raised its stake in shares of VanEck Semiconductor ETF by 66.7% during the 4th quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock valued at $43,000 after purchasing an additional 48 shares during the period. Finally, Caitlin John LLC bought a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter valued at $44,000.

VanEck Semiconductor ETF Stock Performance

NASDAQ:SMH opened at $609.45 on Friday. VanEck Semiconductor ETF has a 52-week low of $256.05 and a 52-week high of $642.77. The firm has a market cap of $70.81 billion, a price-to-earnings ratio of 34.83 and a beta of 1.72. The business’s fifty day moving average is $522.86 and its 200 day moving average is $433.46.

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.