Focus Partners Wealth Increases Stake in VanEck Semiconductor ETF $SMH

Focus Partners Wealth boosted its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 906.5% in the 4th quarter, Holdings Channel reports. The fund owned 745,768 shares of the company’s stock after buying an additional 671,673 shares during the period. Focus Partners Wealth’s holdings in VanEck Semiconductor ETF were worth $268,562,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Brooklyn Investment Group raised its position in VanEck Semiconductor ETF by 2.2% during the fourth quarter. Brooklyn Investment Group now owns 1,192 shares of the company’s stock valued at $434,000 after acquiring an additional 26 shares in the last quarter. Armstrong Advisory Group Inc. raised its position in VanEck Semiconductor ETF by 1.8% during the fourth quarter. Armstrong Advisory Group Inc. now owns 1,624 shares of the company’s stock valued at $585,000 after acquiring an additional 29 shares in the last quarter. Johnson Investment Counsel Inc. raised its position in VanEck Semiconductor ETF by 3.6% during the fourth quarter. Johnson Investment Counsel Inc. now owns 844 shares of the company’s stock valued at $304,000 after acquiring an additional 29 shares in the last quarter. Arkadios Wealth Advisors raised its position in VanEck Semiconductor ETF by 0.3% during the fourth quarter. Arkadios Wealth Advisors now owns 8,670 shares of the company’s stock valued at $3,122,000 after acquiring an additional 30 shares in the last quarter. Finally, One Capital Management LLC increased its position in shares of VanEck Semiconductor ETF by 0.3% in the fourth quarter. One Capital Management LLC now owns 11,036 shares of the company’s stock valued at $3,974,000 after buying an additional 31 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

VanEck Semiconductor ETF stock opened at $619.96 on Friday. The stock has a market capitalization of $72.03 billion, a PE ratio of 34.83 and a beta of 1.72. VanEck Semiconductor ETF has a 12 month low of $256.05 and a 12 month high of $642.77. The business has a 50 day simple moving average of $527.42 and a 200-day simple moving average of $434.76.

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.