Rollins Financial Advisors LLC Purchases New Shares in VanEck Semiconductor ETF $SMH

Rollins Financial Advisors LLC purchased a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 1,120 shares of the company’s stock, valued at approximately $403,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of SMH. Alpha Cubed Investments LLC increased its stake in VanEck Semiconductor ETF by 2.5% in the third quarter. Alpha Cubed Investments LLC now owns 1,170 shares of the company’s stock worth $382,000 after purchasing an additional 28 shares during the period. Hazlett Burt & Watson Inc. increased its stake in VanEck Semiconductor ETF by 24.1% in the third quarter. Hazlett Burt & Watson Inc. now owns 144 shares of the company’s stock worth $46,000 after purchasing an additional 28 shares during the period. Klingman & Associates LLC increased its stake in VanEck Semiconductor ETF by 2.7% in the third quarter. Klingman & Associates LLC now owns 1,100 shares of the company’s stock worth $359,000 after purchasing an additional 29 shares during the period. Armstrong Advisory Group Inc. increased its stake in VanEck Semiconductor ETF by 1.8% in the fourth quarter. Armstrong Advisory Group Inc. now owns 1,624 shares of the company’s stock worth $585,000 after purchasing an additional 29 shares during the period. Finally, Ritholtz Wealth Management increased its stake in VanEck Semiconductor ETF by 0.6% in the fourth quarter. Ritholtz Wealth Management now owns 5,084 shares of the company’s stock worth $1,831,000 after purchasing an additional 32 shares during the period.

VanEck Semiconductor ETF Stock Down 2.6%

SMH stock opened at $561.25 on Wednesday. The business’s fifty day simple moving average is $436.70 and its two-hundred day simple moving average is $396.92. VanEck Semiconductor ETF has a twelve month low of $234.59 and a twelve month high of $578.06. The firm has a market cap of $65.21 billion, a price-to-earnings ratio of 34.83 and a beta of 1.70.

VanEck Semiconductor ETF Company 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.