Gemsstock Ltd. Purchases 44,700 Shares of VanEck Semiconductor ETF $SMH

Gemsstock Ltd. raised its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 81.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 99,800 shares of the company’s stock after buying an additional 44,700 shares during the period. VanEck Semiconductor ETF comprises about 5.2% of Gemsstock Ltd.’s portfolio, making the stock its 9th largest holding. Gemsstock Ltd.’s holdings in VanEck Semiconductor ETF were worth $35,941,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. WealthCollab LLC acquired a new position in shares of VanEck Semiconductor ETF during the 4th quarter worth approximately $28,000. Investment Counsel Co. of Nevada acquired a new position in shares of VanEck Semiconductor ETF during the 4th quarter worth approximately $35,000. Core Wealth Advisors LLC acquired a new position in shares of VanEck Semiconductor ETF during the 4th quarter worth approximately $36,000. Jessup Wealth Management Inc acquired a new position in shares of VanEck Semiconductor ETF during the 4th quarter worth approximately $40,000. Finally, CENTRAL TRUST Co boosted its holdings in shares of VanEck Semiconductor ETF by 66.7% during the 4th quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock worth $43,000 after purchasing an additional 48 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of VanEck Semiconductor ETF stock opened at $619.96 on Friday. The stock has a market cap of $72.03 billion, a P/E ratio of 34.83 and a beta of 1.72. The stock’s 50 day simple moving average is $527.42 and its 200-day simple moving average is $434.76. VanEck Semiconductor ETF has a 1-year low of $256.05 and a 1-year high of $642.77.

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.