Richmond Investment Services LLC Invests $583,000 in VanEck Semiconductor ETF (NASDAQ:SMH)

Richmond Investment Services LLC purchased a new position in VanEck Semiconductor ETF (NASDAQ:SMHFree Report) during the fourth quarter, HoldingsChannel reports. The firm purchased 2,406 shares of the company’s stock, valued at approximately $583,000.

A number of other hedge funds have also recently made changes to their positions in SMH. Hartford Financial Management Inc. grew its holdings in VanEck Semiconductor ETF by 61.9% during the 4th quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock worth $25,000 after acquiring an additional 39 shares in the last quarter. Mather Group LLC. grew its holdings in VanEck Semiconductor ETF by 320.0% during the 4th quarter. Mather Group LLC. now owns 105 shares of the company’s stock worth $25,000 after acquiring an additional 80 shares in the last quarter. Mpwm Advisory Solutions LLC bought a new position in VanEck Semiconductor ETF during the 4th quarter worth about $27,000. Ethos Financial Group LLC bought a new position in VanEck Semiconductor ETF during the 4th quarter worth about $28,000. Finally, Hemington Wealth Management grew its holdings in VanEck Semiconductor ETF by 50.6% during the 4th quarter. Hemington Wealth Management now owns 131 shares of the company’s stock worth $31,000 after acquiring an additional 44 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of VanEck Semiconductor ETF stock opened at $237.44 on Friday. VanEck Semiconductor ETF has a 1 year low of $170.11 and a 1 year high of $283.07. The firm’s 50-day moving average is $215.04 and its two-hundred day moving average is $234.55. The stock has a market cap of $21.51 billion, a price-to-earnings ratio of 30.48 and a beta of 1.35.

About VanEck Semiconductor ETF

(Free Report)

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.

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Institutional Ownership by Quarter for VanEck Semiconductor ETF (NASDAQ:SMH)

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