WT Wealth Management Has $8.33 Million Position in VanEck Semiconductor ETF $SMH

WT Wealth Management lowered its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 13.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 23,135 shares of the company’s stock after selling 3,455 shares during the quarter. VanEck Semiconductor ETF comprises about 2.4% of WT Wealth Management’s investment portfolio, making the stock its 11th largest position. WT Wealth Management’s holdings in VanEck Semiconductor ETF were worth $8,332,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of SMH. Realta Investment Advisors boosted its stake in VanEck Semiconductor ETF by 84.4% in the third quarter. Realta Investment Advisors now owns 83 shares of the company’s stock worth $27,000 after purchasing an additional 38 shares in the last quarter. WealthCollab LLC acquired a new position in VanEck Semiconductor ETF in the fourth quarter worth $28,000. Grey Fox Wealth Advisors LLC acquired a new position in VanEck Semiconductor ETF in the third quarter worth $31,000. CX Institutional raised its position in shares of VanEck Semiconductor ETF by 288.5% during the third quarter. CX Institutional now owns 101 shares of the company’s stock worth $33,000 after acquiring an additional 75 shares during the last quarter. Finally, Root Financial Partners LLC bought a new stake in shares of VanEck Semiconductor ETF during the third quarter worth $39,000.

VanEck Semiconductor ETF Stock Down 0.6%

SMH stock opened at $506.79 on Tuesday. The company has a market cap of $58.88 billion, a P/E ratio of 34.83 and a beta of 1.70. VanEck Semiconductor ETF has a twelve month low of $212.84 and a twelve month high of $513.15. The business has a fifty day moving average of $420.20 and a 200-day moving average of $388.07.

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.