Cary Street Partners Financial LLC Acquires Shares of 2,043 VanEck Semiconductor ETF (NASDAQ:SMH)

Cary Street Partners Financial LLC bought a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the fourth quarter, Holdings Channel.com reports. The fund bought 2,043 shares of the company’s stock, valued at approximately $495,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. raised its holdings in shares of VanEck Semiconductor ETF by 48.2% in the third quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock valued at $319,983,000 after buying an additional 424,042 shares during the last quarter. GAMMA Investing LLC lifted its position in VanEck Semiconductor ETF by 180.0% during the 4th quarter. GAMMA Investing LLC now owns 350 shares of the company’s stock worth $85,000 after acquiring an additional 225 shares during the period. International Assets Investment Management LLC purchased a new position in shares of VanEck Semiconductor ETF in the 4th quarter valued at approximately $1,032,000. Wealth Enhancement Advisory Services LLC increased its holdings in shares of VanEck Semiconductor ETF by 2.5% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 24,217 shares of the company’s stock valued at $5,944,000 after purchasing an additional 601 shares during the period. Finally, Paragon Advisors LLC raised its stake in shares of VanEck Semiconductor ETF by 16.2% during the fourth quarter. Paragon Advisors LLC now owns 8,061 shares of the company’s stock worth $1,952,000 after purchasing an additional 1,124 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

NASDAQ:SMH opened at $223.40 on Friday. The firm has a market cap of $20.24 billion, a price-to-earnings ratio of 32.48 and a beta of 1.35. The firm’s fifty day moving average price is $210.80 and its 200 day moving average price is $234.92. VanEck Semiconductor ETF has a 1-year low of $170.11 and a 1-year high of $283.07.

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.