Surience Private Wealth LLC Makes New Investment in VanEck Semiconductor ETF $SMH

Surience Private Wealth LLC purchased a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 9,507 shares of the company’s stock, valued at approximately $5,790,000. VanEck Semiconductor ETF accounts for approximately 5.9% of Surience Private Wealth LLC’s investment portfolio, making the stock its 5th biggest position.

A number of other large investors have also made changes to their positions in SMH. BFI Infinity Ltd. purchased a new position in VanEck Semiconductor ETF in the third quarter valued at about $817,000. Cornerstone Enterprises LLC lifted its position in shares of VanEck Semiconductor ETF by 102.1% during the 3rd quarter. Cornerstone Enterprises LLC now owns 18,628 shares of the company’s stock valued at $11,344,000 after acquiring an additional 9,409 shares during the period. Milestone Asset Management LLC boosted its stake in shares of VanEck Semiconductor ETF by 15.2% during the 3rd quarter. Milestone Asset Management LLC now owns 3,660 shares of the company’s stock worth $2,229,000 after acquiring an additional 482 shares in the last quarter. Guyasuta Investment Advisors Inc. purchased a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter worth approximately $853,000. Finally, Two West Capital Advisors LLC boosted its stake in shares of VanEck Semiconductor ETF by 5.1% during the 3rd quarter. Two West Capital Advisors LLC now owns 1,053 shares of the company’s stock worth $639,000 after acquiring an additional 51 shares in the last quarter.

VanEck Semiconductor ETF Stock Down 3.4%

Shares of SMH traded down $19.05 on Friday, reaching $539.79. The stock had a trading volume of 18,358,879 shares, compared to its average volume of 9,331,763. The firm has a market capitalization of $65.04 billion, a PE ratio of 34.83 and a beta of 1.73. The firm has a 50-day moving average of $578.72 and a 200 day moving average of $560.69. VanEck Semiconductor ETF has a twelve month low of $315.05 and a twelve month high of $671.83.

About VanEck Semiconductor ETF

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.