ARS Investment Partners LLC Has $5.46 Million Position in VanEck Semiconductor ETF $SMH

ARS Investment Partners LLC raised its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 18.0% in the 1st quarter, Holdings Channel.com reports. The firm owned 14,234 shares of the company’s stock after buying an additional 2,170 shares during the period. ARS Investment Partners LLC’s holdings in VanEck Semiconductor ETF were worth $5,457,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. WealthCollab LLC bought a new stake in shares of VanEck Semiconductor ETF during the fourth quarter worth about $28,000. Investment Counsel Co. of Nevada acquired a new position in shares of VanEck Semiconductor ETF in the fourth quarter valued at approximately $35,000. Core Wealth Advisors LLC acquired a new position in shares of VanEck Semiconductor ETF in the fourth quarter valued at approximately $36,000. Jessup Wealth Management Inc bought a new position in VanEck Semiconductor ETF in the 4th quarter valued at approximately $40,000. Finally, CENTRAL TRUST Co raised its holdings in VanEck Semiconductor ETF by 66.7% in the 4th quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock valued at $43,000 after buying an additional 48 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

NASDAQ:SMH opened at $659.88 on Friday. The firm’s 50 day simple moving average is $551.49 and its 200 day simple moving average is $445.11. VanEck Semiconductor ETF has a one year low of $257.12 and a one year high of $663.80. The company has a market cap of $76.67 billion, a PE ratio of 34.83 and a beta of 1.72.

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.