Great Valley Advisor Group Inc. Buys 4,040 Shares of VanEck Semiconductor ETF $SMH

Great Valley Advisor Group Inc. lifted its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 9.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 45,446 shares of the company’s stock after purchasing an additional 4,040 shares during the quarter. Great Valley Advisor Group Inc.’s holdings in VanEck Semiconductor ETF were worth $16,367,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in SMH. Bank of Nova Scotia increased its stake in 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 worth $246,437,000 after acquiring an additional 752,097 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its stake in VanEck Semiconductor ETF by 158.7% in 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 during the last quarter. Capital Markets Trading UK LLP increased its stake in VanEck Semiconductor ETF by 100.7% in the 3rd quarter. Capital Markets Trading UK LLP now owns 4,319 shares of the company’s stock worth $1,410,000 after acquiring an additional 617,050 shares during the last quarter. Baker Avenue Asset Management LP increased its stake in VanEck Semiconductor ETF by 100.3% in the 4th quarter. Baker Avenue Asset Management LP now owns 1,011 shares of the company’s stock worth $364,000 after acquiring an additional 349,979 shares during the last quarter. Finally, RiverFront Investment Group LLC increased its stake in VanEck Semiconductor ETF by 249.6% in the 4th quarter. RiverFront Investment Group LLC now owns 399,345 shares of the company’s stock worth $143,816,000 after acquiring an additional 285,117 shares during the last quarter.

VanEck Semiconductor ETF Stock Up 6.8%

Shares of NASDAQ SMH opened at $609.45 on Friday. The firm has a market capitalization of $70.81 billion, a P/E ratio of 34.83 and a beta of 1.72. The stock’s 50-day simple moving average is $522.86 and its two-hundred day simple moving average is $433.46. VanEck Semiconductor ETF has a twelve month low of $256.05 and a twelve month high of $642.77.

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.