Diversify Wealth Management LLC Buys New Position in VanEck Semiconductor ETF $SMH

Diversify Wealth Management LLC bought a new stake in VanEck Semiconductor ETF (NASDAQ:SMHFree Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 22,207 shares of the company’s stock, valued at approximately $8,514,000.

Several other institutional investors also recently added to or reduced their stakes in SMH. WealthCollab LLC bought a new stake in shares of 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 $35,000. Core Wealth Advisors LLC bought a new position in VanEck Semiconductor ETF during the fourth quarter worth $36,000. Jessup Wealth Management Inc acquired a new position in VanEck Semiconductor ETF during the 4th quarter valued at $40,000. Finally, CENTRAL TRUST Co raised its stake in 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 last quarter.

VanEck Semiconductor ETF Stock Performance

NASDAQ:SMH opened at $611.03 on Monday. The firm’s 50-day moving average is $595.92 and its 200-day moving average is $472.90. VanEck Semiconductor ETF has a 52-week low of $279.19 and a 52-week high of $671.83. The company has a market cap of $73.41 billion, a price-to-earnings ratio of 34.83 and a beta of 1.71.

Key VanEck Semiconductor ETF News

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

VanEck Semiconductor ETF Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for VanEck Semiconductor ETF (NASDAQ:SMH)

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