Investment Insight Wealth Management LLC Takes $534,000 Position in VanEck Semiconductor ETF $SMH

Investment Insight Wealth Management LLC purchased a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,483 shares of the company’s stock, valued at approximately $534,000. VanEck Semiconductor ETF accounts for approximately 0.5% of Investment Insight Wealth Management LLC’s investment portfolio, making the stock its 24th largest holding.

Several other hedge funds also recently added to or reduced their stakes in SMH. Monetary Solutions Ltd bought a new position in shares of VanEck Semiconductor ETF during the fourth quarter valued at approximately $160,000. Kera Capital Partners Inc. lifted its stake in shares of VanEck Semiconductor ETF by 1.4% during the 4th quarter. Kera Capital Partners Inc. now owns 9,850 shares of the company’s stock worth $3,547,000 after acquiring an additional 135 shares during the last quarter. SB Capital Management Inc purchased a new position in VanEck Semiconductor ETF during the 4th quarter valued at $308,000. Harbour Wealth Management Group Inc. purchased a new position in VanEck Semiconductor ETF during the 4th quarter valued at $1,671,000. Finally, Axxcess Wealth Management LLC bought a new position in VanEck Semiconductor ETF in the 4th quarter valued at $586,000.

VanEck Semiconductor ETF Price Performance

SMH stock opened at $659.88 on Friday. The company has a market capitalization of $76.67 billion, a PE ratio of 34.83 and a beta of 1.72. VanEck Semiconductor ETF has a 12 month low of $257.12 and a 12 month high of $663.80. The firm’s 50-day moving average is $546.75 and its 200 day moving average is $443.60.

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.