VanEck Semiconductor ETF $SMH Shares Acquired by Ascentis Independent Advisors

Ascentis Independent Advisors raised its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 97.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,634 shares of the company’s stock after acquiring an additional 3,764 shares during the quarter. Ascentis Independent Advisors’ holdings in VanEck Semiconductor ETF were worth $2,927,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in SMH. WealthCollab LLC acquired a new stake in VanEck Semiconductor ETF in the fourth quarter valued at approximately $28,000. Investment Counsel Co. of Nevada bought a new position in VanEck Semiconductor ETF during the fourth quarter worth about $35,000. Core Wealth Advisors LLC acquired a new stake in shares of VanEck Semiconductor ETF during the 4th quarter worth about $36,000. Jessup Wealth Management Inc acquired a new stake in shares of VanEck Semiconductor ETF in the fourth quarter valued at $40,000. Finally, CENTRAL TRUST Co increased its stake in shares of 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 period.

VanEck Semiconductor ETF Stock Performance

Shares of VanEck Semiconductor ETF stock opened at $592.29 on Monday. The stock has a market capitalization of $69.65 billion, a price-to-earnings ratio of 34.83 and a beta of 1.71. The firm has a fifty day moving average of $585.68 and a two-hundred day moving average of $464.14. VanEck Semiconductor ETF has a 52 week low of $278.55 and a 52 week 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.