HighTower Advisors LLC Purchases 2,416 Shares of VanEck Semiconductor ETF $SMH

HighTower Advisors LLC increased its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 4.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 56,124 shares of the company’s stock after buying an additional 2,416 shares during the period. HighTower Advisors LLC owned 0.05% of VanEck Semiconductor ETF worth $20,212,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Wealth Enhancement Advisory Services LLC boosted its holdings in VanEck Semiconductor ETF by 5.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 32,403 shares of the company’s stock valued at $10,921,000 after purchasing an additional 1,666 shares during the period. Flagstar Advisors Inc. boosted its holdings in VanEck Semiconductor ETF by 68.2% in the 4th quarter. Flagstar Advisors Inc. now owns 5,910 shares of the company’s stock valued at $2,128,000 after purchasing an additional 2,396 shares during the period. Bright Futures Wealth Management LLC. bought a new stake in VanEck Semiconductor ETF in the 3rd quarter valued at $1,934,000. Mezzasalma Advisors LLC boosted its holdings in VanEck Semiconductor ETF by 67.9% in the 4th quarter. Mezzasalma Advisors LLC now owns 15,159 shares of the company’s stock valued at $5,459,000 after purchasing an additional 6,130 shares during the period. Finally, Assetmark Inc. boosted its holdings in VanEck Semiconductor ETF by 24.9% in the 4th quarter. Assetmark Inc. now owns 62,474 shares of the company’s stock valued at $22,499,000 after purchasing an additional 12,467 shares during the period.

VanEck Semiconductor ETF Price Performance

Shares of VanEck Semiconductor ETF stock opened at $576.32 on Friday. VanEck Semiconductor ETF has a fifty-two week low of $234.59 and a fifty-two week high of $582.50. The firm has a fifty day moving average price of $463.51 and a two-hundred day moving average price of $408.08. The company has a market cap of $66.96 billion, a PE ratio of 34.83 and a beta of 1.70.

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.