Global Retirement Partners LLC Raises Holdings in VanEck Semiconductor ETF $SMH

Global Retirement Partners LLC lifted its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 4.0% in the fourth quarter, HoldingsChannel reports. The firm owned 28,869 shares of the company’s stock after acquiring an additional 1,119 shares during the period. Global Retirement Partners LLC’s holdings in VanEck Semiconductor ETF were worth $10,396,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. Fortis Group Advisors LLC purchased a new position in shares of VanEck Semiconductor ETF during the 4th quarter worth approximately $865,000. Aspen Investment Management Inc increased its stake in shares of VanEck Semiconductor ETF by 125.9% during the 4th quarter. Aspen Investment Management Inc now owns 1,805 shares of the company’s stock worth $650,000 after purchasing an additional 1,006 shares in the last quarter. MJP Associates Inc. ADV increased its stake in shares of VanEck Semiconductor ETF by 2.3% during the 4th quarter. MJP Associates Inc. ADV now owns 2,210 shares of the company’s stock worth $796,000 after purchasing an additional 50 shares in the last quarter. IFP Advisors Inc increased its stake in shares of VanEck Semiconductor ETF by 12.9% during the 4th quarter. IFP Advisors Inc now owns 10,778 shares of the company’s stock worth $3,881,000 after purchasing an additional 1,229 shares in the last quarter. Finally, Seros Financial LLC increased its stake in shares of VanEck Semiconductor ETF by 19.1% during the 4th quarter. Seros Financial LLC now owns 2,056 shares of the company’s stock worth $740,000 after purchasing an additional 329 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of SMH opened at $564.66 on Thursday. The firm has a 50 day simple moving average of $456.60 and a 200-day simple moving average of $405.45. VanEck Semiconductor ETF has a 1-year low of $234.59 and a 1-year high of $581.17. The stock has a market cap of $65.61 billion, a price-to-earnings ratio of 34.83 and a beta of 1.70.

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.