Retirement Planning Group LLC NY Boosts Position in VanEck Semiconductor ETF $SMH

Retirement Planning Group LLC NY boosted its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 117.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,639 shares of the company’s stock after buying an additional 886 shares during the quarter. Retirement Planning Group LLC NY’s holdings in VanEck Semiconductor ETF were worth $628,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of SMH. Bank of America Corp DE increased its stake in shares of VanEck Semiconductor ETF by 170.8% in the fourth quarter. Bank of America Corp DE now owns 12,174,182 shares of the company’s stock worth $4,384,288,000 after acquiring an additional 7,678,318 shares during the period. Morgan Stanley raised its holdings in shares of VanEck Semiconductor ETF by 4.8% during the fourth quarter. Morgan Stanley now owns 2,657,540 shares of the company’s stock worth $957,061,000 after purchasing an additional 121,815 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its position in VanEck Semiconductor ETF by 158.7% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,198,897 shares of the company’s stock valued at $431,759,000 after purchasing an additional 735,425 shares during the period. Bank of Nova Scotia lifted its position in VanEck Semiconductor ETF by 24,986.6% during the third quarter. Bank of Nova Scotia now owns 755,107 shares of the company’s stock valued at $246,437,000 after purchasing an additional 752,097 shares during the period. Finally, Focus Partners Wealth boosted its holdings in VanEck Semiconductor ETF by 906.5% in the fourth quarter. Focus Partners Wealth now owns 745,768 shares of the company’s stock valued at $268,562,000 after purchasing an additional 671,673 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of SMH opened at $611.61 on Friday. The business’s 50-day moving average is $570.31 and its two-hundred day moving average is $454.58. The company has a market capitalization of $71.06 billion, a P/E ratio of 34.83 and a beta of 1.72. VanEck Semiconductor ETF has a fifty-two week low of $272.16 and a fifty-two week high of $671.83.

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.