Arwa LLC Acquires Shares of 1,070 VanEck Semiconductor ETF $SMH

Arwa LLC bought a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 1,070 shares of the company’s stock, valued at approximately $385,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. WealthCollab LLC acquired a new stake in shares of VanEck Semiconductor ETF during the 4th quarter worth $28,000. Investment Counsel Co. of Nevada bought a new position in VanEck Semiconductor ETF in the fourth quarter valued at approximately $35,000. Core Wealth Advisors LLC acquired a new position in VanEck Semiconductor ETF during the fourth quarter valued at approximately $36,000. Jessup Wealth Management Inc acquired a new position in VanEck Semiconductor ETF during the fourth quarter valued at approximately $40,000. Finally, CENTRAL TRUST Co lifted its stake in VanEck Semiconductor ETF by 66.7% during the fourth quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock worth $43,000 after purchasing an additional 48 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of SMH stock opened at $659.88 on Friday. The company has a market cap of $76.67 billion, a P/E ratio of 34.83 and a beta of 1.72. The business has a fifty day simple moving average of $551.49 and a 200 day simple moving average of $445.11. VanEck Semiconductor ETF has a twelve month low of $257.12 and a twelve month high of $663.80.

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.