Alchemi Wealth LLC Makes New $1.03 Million Investment in VanEck Semiconductor ETF $SMH

Alchemi Wealth LLC bought a new position in VanEck Semiconductor ETF (NASDAQ:SMH) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 2,868 shares of the company’s stock, valued at approximately $1,033,000.

Several other large investors also recently added to or reduced their stakes in the business. Flagstar Advisors Inc. boosted its holdings in shares of VanEck Semiconductor ETF by 68.2% during the 4th quarter. Flagstar Advisors Inc. now owns 5,910 shares of the company’s stock worth $2,128,000 after buying an additional 2,396 shares during the period. Bright Futures Wealth Management LLC. bought a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter worth $1,934,000. Mezzasalma Advisors LLC boosted its holdings in shares of VanEck Semiconductor ETF by 67.9% during the 4th quarter. Mezzasalma Advisors LLC now owns 15,159 shares of the company’s stock worth $5,459,000 after buying an additional 6,130 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of VanEck Semiconductor ETF by 58.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 32,481 shares of the company’s stock worth $11,697,000 after buying an additional 11,973 shares during the period. Finally, Assetmark Inc. boosted its holdings in shares of VanEck Semiconductor ETF by 24.9% during the 4th quarter. Assetmark Inc. now owns 62,474 shares of the company’s stock worth $22,499,000 after buying an additional 12,467 shares during the period.

VanEck Semiconductor ETF Trading Up 1.7%

NASDAQ SMH opened at $619.96 on Friday. The company has a fifty day simple moving average of $527.42 and a 200 day simple moving average of $434.76. The company has a market cap of $72.03 billion, a P/E ratio of 34.83 and a beta of 1.72. VanEck Semiconductor ETF has a 1 year low of $256.05 and a 1 year high of $642.77.

VanEck Semiconductor ETF Company 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.