VanEck Semiconductor ETF $SMH Stock Position Boosted by Tamar Securities LLC

Tamar Securities LLC boosted its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 14.8% in the third quarter, Holdings Channel.com reports. The fund owned 22,782 shares of the company’s stock after acquiring an additional 2,945 shares during the quarter. Tamar Securities LLC’s holdings in VanEck Semiconductor ETF were worth $13,874,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the business. Asset Dedication LLC bought a new stake in shares of VanEck Semiconductor ETF during the third quarter worth $172,000. Canvas Wealth Advisors LLC grew its holdings in shares of VanEck Semiconductor ETF by 7.1% in the third quarter. Canvas Wealth Advisors LLC now owns 1,458 shares of the company’s stock worth $819,000 after purchasing an additional 97 shares during the last quarter. Asset One Wealth Management LLC increased its stake in VanEck Semiconductor ETF by 2.9% in the 3rd quarter. Asset One Wealth Management LLC now owns 4,137 shares of the company’s stock worth $2,519,000 after buying an additional 115 shares during the period. International Assets Investment Management LLC increased its stake in VanEck Semiconductor ETF by 6.9% in the 3rd quarter. International Assets Investment Management LLC now owns 12,579 shares of the company’s stock worth $7,771,000 after buying an additional 807 shares during the period. Finally, Horizon Wealth Management LLC lifted its holdings in VanEck Semiconductor ETF by 579.0% during the 3rd quarter. Horizon Wealth Management LLC now owns 31,466 shares of the company’s stock valued at $19,163,000 after buying an additional 26,832 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

VanEck Semiconductor ETF stock traded up $16.23 during trading hours on Friday, hitting $463.96. The company had a trading volume of 16,834,032 shares, compared to its average volume of 9,480,344. The firm has a market cap of $58.92 billion, a P/E ratio of 34.83 and a beta of 1.78. VanEck Semiconductor ETF has a 1 year low of $315.05 and a 1 year high of $671.83. The company has a 50-day moving average price of $565.60 and a two-hundred day moving average price of $520.56.

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.