SB Capital Management Inc Takes Position in VanEck Semiconductor ETF $SMH

SB Capital Management Inc purchased a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 855 shares of the company’s stock, valued at approximately $308,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. WealthCollab LLC purchased a new stake in shares of VanEck Semiconductor ETF during the 4th quarter valued at $28,000. Investment Counsel Co. of Nevada purchased a new position in shares of VanEck Semiconductor ETF in the 4th quarter worth about $35,000. Core Wealth Advisors LLC purchased a new position in shares of VanEck Semiconductor ETF in the 4th quarter worth about $36,000. Jessup Wealth Management Inc bought a new position in VanEck Semiconductor ETF during the fourth quarter valued at about $40,000. Finally, CENTRAL TRUST Co grew its position in VanEck Semiconductor ETF by 66.7% during the fourth quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock valued at $43,000 after buying an additional 48 shares during the period.

VanEck Semiconductor ETF Stock Performance

NASDAQ SMH opened at $659.88 on Friday. VanEck Semiconductor ETF has a 52-week low of $257.12 and a 52-week high of $663.80. The company has a 50-day simple moving average of $546.75 and a 200 day simple moving average of $443.60. 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 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.