VanEck Semiconductor ETF $SMH Shares Purchased by Princeton Global Asset Management LLC

Princeton Global Asset Management LLC grew its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 242.4% in the 1st quarter, Holdings Channel.com reports. The firm owned 2,082 shares of the company’s stock after buying an additional 1,474 shares during the period. Princeton Global Asset Management LLC’s holdings in VanEck Semiconductor ETF were worth $798,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the company. WealthCollab LLC acquired a new position in shares of VanEck Semiconductor ETF during the fourth quarter worth approximately $28,000. Investment Counsel Co. of Nevada bought a new stake in VanEck Semiconductor ETF during the 4th quarter valued at $35,000. Core Wealth Advisors LLC bought a new stake in VanEck Semiconductor ETF during the 4th quarter valued at $36,000. Jessup Wealth Management Inc acquired a new position in VanEck Semiconductor ETF during the 4th quarter worth $40,000. Finally, CENTRAL TRUST Co grew its stake in shares of VanEck Semiconductor ETF by 66.7% in the fourth quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock worth $43,000 after purchasing an additional 48 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of SMH opened at $611.61 on Monday. VanEck Semiconductor ETF has a one year low of $272.16 and a one year high of $671.83. The stock’s fifty day moving average is $570.31 and its 200-day moving average is $455.18. The firm has a market capitalization of $71.06 billion, a price-to-earnings ratio of 34.83 and a beta of 1.72.

VanEck Semiconductor ETF 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.