J. Derek Lewis & Associates Inc. Takes Position in VanEck Semiconductor ETF $SMH

J. Derek Lewis & Associates Inc. bought a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 1,188 shares of the company’s stock, valued at approximately $428,000.

Other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE raised its holdings in VanEck Semiconductor ETF by 170.8% in the fourth quarter. Bank of America Corp DE now owns 12,174,182 shares of the company’s stock valued at $4,384,288,000 after acquiring an additional 7,678,318 shares in the last quarter. Morgan Stanley grew its holdings in VanEck Semiconductor ETF by 4.8% during the 4th quarter. Morgan Stanley now owns 2,657,540 shares of the company’s stock worth $957,061,000 after acquiring an additional 121,815 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its holdings in VanEck Semiconductor ETF by 158.7% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,198,897 shares of the company’s stock worth $431,759,000 after acquiring an additional 735,425 shares in the last quarter. Bank of Nova Scotia increased its position in shares of VanEck Semiconductor ETF by 24,986.6% in the 3rd quarter. Bank of Nova Scotia now owns 755,107 shares of the company’s stock valued at $246,437,000 after purchasing an additional 752,097 shares during the last quarter. Finally, Focus Partners Wealth increased its position in shares of VanEck Semiconductor ETF by 906.5% in the 4th quarter. Focus Partners Wealth now owns 745,768 shares of the company’s stock valued at $268,562,000 after purchasing an additional 671,673 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of VanEck Semiconductor ETF stock 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 firm’s 50 day moving average is $551.49 and its two-hundred day moving average is $445.11. The firm has a market capitalization of $76.67 billion, a P/E ratio of 34.83 and a beta of 1.72.

About VanEck Semiconductor ETF

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.