13,402 Shares in VanEck Semiconductor ETF (NASDAQ:SMH) Bought by Advisor Resource Council

Advisor Resource Council bought a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 13,402 shares of the company’s stock, valued at approximately $3,015,000. VanEck Semiconductor ETF comprises 1.2% of Advisor Resource Council’s holdings, making the stock its 14th biggest holding.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Saudi Central Bank bought a new position in shares of VanEck Semiconductor ETF in the fourth quarter worth $105,273,000. Meitav Investment House Ltd. grew its position in VanEck Semiconductor ETF by 103.2% in the 4th quarter. Meitav Investment House Ltd. now owns 732,008 shares of the company’s stock valued at $127,948,000 after buying an additional 371,831 shares in the last quarter. Private Advisor Group LLC increased its stake in VanEck Semiconductor ETF by 111.9% during the 4th quarter. Private Advisor Group LLC now owns 31,281 shares of the company’s stock valued at $5,371,000 after buying an additional 293,538 shares during the period. Himension Capital Singapore PTE. LTD. increased its stake in VanEck Semiconductor ETF by 358.4% during the 4th quarter. Himension Capital Singapore PTE. LTD. now owns 318,624 shares of the company’s stock valued at $55,718,000 after buying an additional 249,112 shares during the period. Finally, International Assets Investment Management LLC bought a new stake in shares of VanEck Semiconductor ETF during the 4th quarter worth about $40,189,000.

VanEck Semiconductor ETF Price Performance

Shares of VanEck Semiconductor ETF stock traded up $5.99 on Thursday, hitting $269.62. The company had a trading volume of 4,526,576 shares, compared to its average volume of 8,123,431. VanEck Semiconductor ETF has a 52 week low of $136.10 and a 52 week high of $279.57. The company has a market cap of $22.78 billion, a PE ratio of 18.82 and a beta of 1.35. The business has a 50-day simple moving average of $243.48 and a 200-day simple moving average of $215.85.

About VanEck Semiconductor ETF

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.