15,500 Shares in VanEck Semiconductor ETF (NASDAQ:SMH) Bought by Global Assets Advisory LLC

Global Assets Advisory LLC acquired a new position in VanEck Semiconductor ETF (NASDAQ:SMH) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 15,500 shares of the company’s stock, valued at approximately $3,487,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Macroview Investment Management LLC grew its stake in shares of VanEck Semiconductor ETF by 245.2% during the fourth quarter. Macroview Investment Management LLC now owns 145 shares of the company’s stock valued at $25,000 after buying an additional 103 shares during the last quarter. Creekmur Asset Management LLC bought a new stake in shares of VanEck Semiconductor ETF in the fourth quarter worth about $30,000. FinTrust Capital Advisors LLC grew its stake in shares of VanEck Semiconductor ETF by 31.8% in the fourth quarter. FinTrust Capital Advisors LLC now owns 232 shares of the company’s stock worth $41,000 after purchasing an additional 56 shares during the last quarter. Baker Avenue Asset Management LP lifted its holdings in VanEck Semiconductor ETF by 100.8% in the third quarter. Baker Avenue Asset Management LP now owns 256 shares of the company’s stock worth $37,000 after buying an additional 32,000 shares during the period. Finally, Capital Investment Advisory Services LLC lifted its holdings in VanEck Semiconductor ETF by 137.6% in the fourth quarter. Capital Investment Advisory Services LLC now owns 313 shares of the company’s stock worth $55,000 after buying an additional 1,145 shares during the period.

VanEck Semiconductor ETF Price Performance

NASDAQ SMH opened at $255.78 on Tuesday. The business’s fifty day moving average price is $235.92 and its 200-day moving average price is $211.58. The stock has a market capitalization of $21.61 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 1-year low of $136.10 and a 1-year high of $279.57.

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.