Alteri Wealth LLC Buys New Shares in VanEck Semiconductor ETF (NASDAQ:SMH)

Alteri Wealth LLC purchased a new position in VanEck Semiconductor ETF (NASDAQ:SMH) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,395 shares of the company’s stock, valued at approximately $338,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Hartford Financial Management Inc. increased its position in shares of VanEck Semiconductor ETF by 61.9% during the 4th quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after purchasing an additional 39 shares during the last quarter. Duncker Streett & Co. Inc. grew its position in VanEck Semiconductor ETF by 3.9% during the fourth quarter. Duncker Streett & Co. Inc. now owns 1,081 shares of the company’s stock valued at $262,000 after buying an additional 41 shares during the period. Creative Financial Designs Inc. ADV increased its holdings in VanEck Semiconductor ETF by 2.2% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,905 shares of the company’s stock worth $461,000 after buying an additional 41 shares during the last quarter. Hemington Wealth Management raised its position in VanEck Semiconductor ETF by 50.6% in the fourth quarter. Hemington Wealth Management now owns 131 shares of the company’s stock worth $31,000 after acquiring an additional 44 shares during the period. Finally, Smith Anglin Financial LLC grew its position in shares of VanEck Semiconductor ETF by 1.3% during the 4th quarter. Smith Anglin Financial LLC now owns 3,545 shares of the company’s stock valued at $859,000 after acquiring an additional 45 shares during the period.

VanEck Semiconductor ETF Trading Up 3.2 %

NASDAQ:SMH opened at $219.03 on Friday. VanEck Semiconductor ETF has a 12 month low of $170.11 and a 12 month high of $283.07. The firm’s 50 day moving average is $211.90 and its 200 day moving average is $235.92. The stock has a market capitalization of $19.84 billion, a PE ratio of 32.48 and a beta of 1.35.

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.