Horizon Wealth Management LLC Has $24.74 Million Stock Holdings in VanEck Semiconductor ETF $SMH

Horizon Wealth Management LLC raised its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 58.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 64,522 shares of the company’s stock after buying an additional 23,815 shares during the period. VanEck Semiconductor ETF comprises about 3.6% of Horizon Wealth Management LLC’s investment portfolio, making the stock its 8th biggest position. Horizon Wealth Management LLC owned 0.06% of VanEck Semiconductor ETF worth $24,738,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Bank of America Corp DE increased its stake in VanEck Semiconductor ETF by 170.8% in the fourth quarter. Bank of America Corp DE now owns 12,174,182 shares of the company’s stock valued at $4,384,288,000 after acquiring an additional 7,678,318 shares during the last quarter. Morgan Stanley lifted its stake in VanEck Semiconductor ETF by 4.8% during the fourth quarter. Morgan Stanley now owns 2,657,540 shares of the company’s stock worth $957,061,000 after purchasing an additional 121,815 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its holdings in shares of VanEck Semiconductor ETF by 158.7% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,198,897 shares of the company’s stock worth $431,759,000 after purchasing an additional 735,425 shares in the last quarter. Bank of Nova Scotia boosted its holdings in shares of VanEck Semiconductor ETF by 24,986.6% in the 3rd quarter. Bank of Nova Scotia now owns 755,107 shares of the company’s stock worth $246,437,000 after purchasing an additional 752,097 shares in the last quarter. Finally, Focus Partners Wealth increased its position in shares of VanEck Semiconductor ETF by 906.5% during the 4th quarter. Focus Partners Wealth now owns 745,768 shares of the company’s stock valued at $268,562,000 after purchasing an additional 671,673 shares during the last quarter.

Key Stories Impacting VanEck Semiconductor ETF

Here are the key news stories impacting VanEck Semiconductor ETF this week:

• Positive Sentiment: Semiconductor demand tied to the AI buildout remains strong, with articles highlighting ongoing hyperscaler spending and persistent memory shortages that could support chipmakers’ earnings and keep investor interest in the sector elevated.
• Positive Sentiment: Broader market coverage says chip stocks helped power Wall Street to a strong first-half finish, reinforcing the idea that semiconductors are still one of the market’s key growth trades. Dow rises 110 points as chip stocks power Wall Street to strong first-half finish
• Neutral Sentiment: Several new ETF comparison pieces are drawing attention to semiconductor funds such as SMH, which may keep the sector in focus but do not themselves change the fundamentals of the holdings.
• Negative Sentiment: KLA Corporation (a semiconductor equipment name often held in SMH) fell sharply after a sector-wide sell-off, as investors locked in gains following a record-breaking first half for semiconductors. Why KLA Corporation (KLAC) Stock Is Down Today
• Negative Sentiment: Leveraged and equal-weight semiconductor ETF headlines show some investors reassessing risk and return in the chip trade, a sign that momentum may be cooling after a big run-up.

VanEck Semiconductor ETF Trading Down 5.4%

Shares of NASDAQ SMH opened at $620.46 on Thursday. The stock’s 50-day moving average is $580.82 and its 200 day moving average is $460.78. The stock has a market cap of $72.09 billion, a price-to-earnings ratio of 34.83 and a beta of 1.72. VanEck Semiconductor ETF has a 1-year low of $274.66 and a 1-year high of $671.83.

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.