Western Wealth Management LLC Increases Stake in VanEck Semiconductor ETF $SMH

Western Wealth Management LLC grew its position in VanEck Semiconductor ETF (NASDAQ:SMHFree Report) by 9.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,725 shares of the company’s stock after acquiring an additional 1,186 shares during the quarter. Western Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $4,943,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Harel Insurance Investments & Financial Services Ltd. raised its stake in shares of VanEck Semiconductor ETF by 158.7% in 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 acquiring an additional 735,425 shares during the period. Bank of Nova Scotia raised its stake in shares of VanEck Semiconductor ETF by 24,986.6% in the third quarter. Bank of Nova Scotia now owns 755,107 shares of the company’s stock valued at $246,437,000 after acquiring an additional 752,097 shares during the period. Menora Mivtachim Holdings LTD. raised its stake in shares of VanEck Semiconductor ETF by 0.4% in the third quarter. Menora Mivtachim Holdings LTD. now owns 576,000 shares of the company’s stock valued at $187,983,000 after acquiring an additional 2,500 shares during the period. Meitav Investment House Ltd. raised its stake in shares of VanEck Semiconductor ETF by 17.0% in the third quarter. Meitav Investment House Ltd. now owns 556,289 shares of the company’s stock valued at $181,266,000 after acquiring an additional 80,957 shares during the period. Finally, Raymond James Financial Inc. raised its stake in shares of VanEck Semiconductor ETF by 8.3% in the second quarter. Raymond James Financial Inc. now owns 534,989 shares of the company’s stock valued at $149,198,000 after acquiring an additional 40,831 shares during the period.

VanEck Semiconductor ETF Trading Up 2.0%

Shares of SMH opened at $572.46 on Thursday. VanEck Semiconductor ETF has a twelve month low of $234.59 and a twelve month high of $578.06. The company has a market cap of $66.51 billion, a P/E ratio of 34.83 and a beta of 1.70. The company’s fifty day simple moving average is $440.02 and its 200-day simple moving average is $398.53.

VanEck Semiconductor ETF News Roundup

Here are the key news stories impacting VanEck Semiconductor ETF this week:

VanEck Semiconductor ETF Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for VanEck Semiconductor ETF (NASDAQ:SMH)

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