Aspen Investment Management Inc Buys 1,006 Shares of VanEck Semiconductor ETF $SMH

Aspen Investment Management Inc boosted its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 125.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,805 shares of the company’s stock after acquiring an additional 1,006 shares during the period. Aspen Investment Management Inc’s holdings in VanEck Semiconductor ETF were worth $650,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in SMH. Harel Insurance Investments & Financial Services Ltd. boosted its holdings in shares of VanEck Semiconductor ETF by 158.7% during 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 buying 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% during the 3rd quarter. Bank of Nova Scotia now owns 755,107 shares of the company’s stock worth $246,437,000 after buying an additional 752,097 shares in the last quarter. Menora Mivtachim Holdings LTD. boosted its holdings in shares of VanEck Semiconductor ETF by 0.4% during the 3rd quarter. Menora Mivtachim Holdings LTD. now owns 576,000 shares of the company’s stock worth $187,983,000 after buying an additional 2,500 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in shares of VanEck Semiconductor ETF by 8.3% during the 2nd quarter. Raymond James Financial Inc. now owns 534,989 shares of the company’s stock worth $149,198,000 after buying an additional 40,831 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of VanEck Semiconductor ETF by 8.5% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 526,529 shares of the company’s stock worth $171,838,000 after buying an additional 41,280 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

VanEck Semiconductor ETF stock opened at $564.66 on Thursday. The stock has a market capitalization of $65.61 billion, a price-to-earnings ratio of 34.83 and a beta of 1.70. VanEck Semiconductor ETF has a 52-week low of $234.59 and a 52-week high of $581.17. The stock’s 50 day moving average price is $456.60 and its two-hundred day moving average price is $405.45.

About VanEck Semiconductor ETF

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.