Mizuho Markets Americas LLC Acquires Shares of 12,300 VanEck Semiconductor ETF $SMH

Mizuho Markets Americas LLC bought a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the 1st quarter, HoldingsChannel.com reports. The institutional investor bought 12,300 shares of the company’s stock, valued at approximately $4,716,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SMH. WealthCollab LLC acquired a new stake in shares of VanEck Semiconductor ETF in the fourth quarter valued at about $28,000. Investment Counsel Co. of Nevada purchased a new position in shares of VanEck Semiconductor ETF in the fourth quarter worth about $35,000. Core Wealth Advisors LLC purchased a new position in shares of VanEck Semiconductor ETF in the fourth quarter worth about $36,000. Jessup Wealth Management Inc acquired a new position in VanEck Semiconductor ETF during the fourth quarter worth about $40,000. Finally, CENTRAL TRUST Co boosted its position in VanEck Semiconductor ETF by 66.7% during the fourth quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock worth $43,000 after acquiring an additional 48 shares during the last quarter.

VanEck Semiconductor ETF Trading Down 1.1%

Shares of NASDAQ SMH opened at $580.17 on Friday. The stock has a market cap of $70.31 billion, a PE ratio of 34.83 and a beta of 1.71. VanEck Semiconductor ETF has a 12-month low of $279.19 and a 12-month high of $671.83. The company has a 50-day moving average of $600.69 and a 200 day moving average of $486.52.

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.