VanEck Semiconductor ETF $SMH Shares Bought by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. grew its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 375.9% during the 4th quarter, HoldingsChannel reports. The firm owned 4,007 shares of the company’s stock after buying an additional 3,165 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in VanEck Semiconductor ETF were worth $1,443,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SMH. AQR Capital Management LLC boosted its stake in VanEck Semiconductor ETF by 4.8% during the 1st quarter. AQR Capital Management LLC now owns 2,381 shares of the company’s stock worth $504,000 after purchasing an additional 109 shares during the last quarter. Empowered Funds LLC boosted its stake in VanEck Semiconductor ETF by 32.5% during the 1st quarter. Empowered Funds LLC now owns 11,789 shares of the company’s stock worth $2,493,000 after purchasing an additional 2,890 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in VanEck Semiconductor ETF by 28.6% during the second quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock worth $133,000 after buying an additional 106 shares in the last quarter. First Trust Advisors LP purchased a new position in VanEck Semiconductor ETF during the second quarter worth approximately $370,000. Finally, Gamco Investors INC. ET AL purchased a new position in VanEck Semiconductor ETF during the second quarter worth approximately $1,116,000.

VanEck Semiconductor ETF Stock Performance

Shares of VanEck Semiconductor ETF stock opened at $576.32 on Friday. The business’s 50 day moving average price is $463.51 and its 200 day moving average price is $408.08. The company has a market cap of $66.96 billion, a price-to-earnings ratio of 34.83 and a beta of 1.70. VanEck Semiconductor ETF has a one year low of $234.59 and a one year high of $582.50.

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.