WBI Investments LLC Increases Stake in VanEck Semiconductor ETF (NASDAQ:SMH)

WBI Investments LLC raised its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 15.5% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 2,736 shares of the company’s stock after purchasing an additional 367 shares during the period. WBI Investments LLC’s holdings in VanEck Semiconductor ETF were worth $663,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SMH. Hartford Financial Management Inc. raised its holdings 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 worth $25,000 after acquiring an additional 39 shares during the period. Mather Group LLC. raised its holdings in shares of VanEck Semiconductor ETF by 320.0% during the 4th quarter. Mather Group LLC. now owns 105 shares of the company’s stock worth $25,000 after acquiring an additional 80 shares during the period. Ethos Financial Group LLC purchased a new position in shares of VanEck Semiconductor ETF during the 4th quarter worth $28,000. Hemington Wealth Management raised its holdings in shares of VanEck Semiconductor ETF by 50.6% during the 4th 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, Fifth Third Bancorp raised its holdings in shares of VanEck Semiconductor ETF by 80.2% during the 4th quarter. Fifth Third Bancorp now owns 155 shares of the company’s stock worth $38,000 after acquiring an additional 69 shares during the period.

VanEck Semiconductor ETF Trading Down 0.2%

Shares of NASDAQ:SMH opened at $246.01 on Tuesday. The business has a 50-day moving average price of $213.74 and a 200 day moving average price of $234.53. The company has a market capitalization of $22.29 billion, a price-to-earnings ratio of 30.48 and a beta of 1.35. VanEck Semiconductor ETF has a 12-month low of $170.11 and a 12-month high of $283.07.

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.