Global Assets Advisory LLC Invests $592,000 in VanEck Semiconductor ETF (NASDAQ:SMH)

Global Assets Advisory LLC acquired a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 2,420 shares of the company’s stock, valued at approximately $592,000.

Several other institutional investors have also added to or reduced their stakes in SMH. Hartford Financial Management Inc. grew its position in shares of VanEck Semiconductor ETF by 61.9% in the fourth quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after purchasing an additional 39 shares in the last quarter. Duncker Streett & Co. Inc. grew its holdings in VanEck Semiconductor ETF by 3.9% during the 4th quarter. Duncker Streett & Co. Inc. now owns 1,081 shares of the company’s stock valued at $262,000 after buying an additional 41 shares in the last quarter. Creative Financial Designs Inc. ADV increased its position in shares of VanEck Semiconductor ETF by 2.2% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,905 shares of the company’s stock valued at $461,000 after buying an additional 41 shares during the period. Hemington Wealth Management boosted its position in shares of VanEck Semiconductor ETF by 50.6% in the fourth quarter. Hemington Wealth Management now owns 131 shares of the company’s stock valued at $31,000 after acquiring an additional 44 shares during the period. Finally, Smith Anglin Financial LLC grew its stake in VanEck Semiconductor ETF by 1.3% during the fourth quarter. Smith Anglin Financial LLC now owns 3,545 shares of the company’s stock valued at $859,000 after acquiring an additional 45 shares in the last quarter.

VanEck Semiconductor ETF Trading Up 0.7 %

VanEck Semiconductor ETF stock opened at $223.40 on Friday. The firm’s 50 day simple moving average is $210.80 and its 200 day simple moving average is $234.92. VanEck Semiconductor ETF has a 1-year low of $170.11 and a 1-year high of $283.07. The firm has a market capitalization of $20.24 billion, a PE ratio of 32.48 and a beta of 1.35.

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.