Keudell Morrison Wealth Management Takes $1.19 Million Position in VanEck Semiconductor ETF $SMH

Keudell Morrison Wealth Management purchased a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 3,290 shares of the company’s stock, valued at approximately $1,185,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Alpha Cubed Investments LLC increased its stake in shares of VanEck Semiconductor ETF by 2.5% in the 3rd quarter. Alpha Cubed Investments LLC now owns 1,170 shares of the company’s stock valued at $382,000 after purchasing an additional 28 shares during the last quarter. Hazlett Burt & Watson Inc. increased its stake in shares of VanEck Semiconductor ETF by 24.1% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 144 shares of the company’s stock valued at $46,000 after purchasing an additional 28 shares during the last quarter. Armstrong Advisory Group Inc. increased its stake in shares of VanEck Semiconductor ETF by 1.8% in the 4th quarter. Armstrong Advisory Group Inc. now owns 1,624 shares of the company’s stock valued at $585,000 after purchasing an additional 29 shares during the last quarter. Ritholtz Wealth Management increased its stake in shares of VanEck Semiconductor ETF by 0.6% in the 4th quarter. Ritholtz Wealth Management now owns 5,084 shares of the company’s stock valued at $1,831,000 after purchasing an additional 32 shares during the last quarter. Finally, Retirement Planning Co of New England Inc. increased its stake in shares of VanEck Semiconductor ETF by 4.2% in the 3rd quarter. Retirement Planning Co of New England Inc. now owns 864 shares of the company’s stock valued at $282,000 after purchasing an additional 35 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ:SMH opened at $567.88 on Friday. The company has a fifty day moving average of $460.01 and a 200-day moving average of $406.89. The company has a market capitalization of $65.98 billion, a PE ratio of 34.83 and a beta of 1.70. VanEck Semiconductor ETF has a 52-week low of $234.59 and a 52-week high of $581.17.

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.