VanEck Semiconductor ETF $SMH Stock Position Raised by NWF Advisory Services Inc.

NWF Advisory Services Inc. increased its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 9.1% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 10,719 shares of the company’s stock after purchasing an additional 897 shares during the period. NWF Advisory Services Inc.’s holdings in VanEck Semiconductor ETF were worth $4,110,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SMH. Bank of America Corp DE lifted its holdings in shares of 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 purchasing an additional 7,678,318 shares in the last quarter. Morgan Stanley raised its position in VanEck Semiconductor ETF by 4.8% during the fourth quarter. Morgan Stanley now owns 2,657,540 shares of the company’s stock valued at $957,061,000 after buying an additional 121,815 shares during the period. Harel Insurance Investments & Financial Services Ltd. raised its position in VanEck Semiconductor ETF by 158.7% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,198,897 shares of the company’s stock valued at $431,759,000 after buying an additional 735,425 shares during the period. Meitav Investment House Ltd. lifted its stake in VanEck Semiconductor ETF by 17.3% in the 1st quarter. Meitav Investment House Ltd. now owns 905,426 shares of the company’s stock worth $347,140,000 after acquiring an additional 133,601 shares in the last quarter. Finally, Focus Partners Wealth lifted its stake in VanEck Semiconductor ETF by 906.5% in the 4th quarter. Focus Partners Wealth now owns 745,768 shares of the company’s stock worth $268,562,000 after acquiring an additional 671,673 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

NASDAQ:SMH opened at $585.86 on Tuesday. VanEck Semiconductor ETF has a fifty-two week low of $279.19 and a fifty-two week high of $671.83. The stock’s 50-day moving average is $597.51 and its two-hundred day moving average is $474.46. The stock has a market cap of $70.39 billion, a PE ratio of 34.83 and a beta of 1.71.

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.