International Assets Investment Management LLC Acquires 88,228 Shares of VanEck Semiconductor ETF $SMH

International Assets Investment Management LLC lifted its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 749.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 100,000 shares of the company’s stock after acquiring an additional 88,228 shares during the period. International Assets Investment Management LLC’s holdings in VanEck Semiconductor ETF were worth $60,900,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Allied Private Wealth LLC purchased a new stake in VanEck Semiconductor ETF in the 2nd quarter valued at $26,000. MassMutual Private Wealth & Trust FSB acquired a new stake in VanEck Semiconductor ETF during the 2nd quarter worth $30,000. Timbuktu Capital Management LLC purchased a new position in VanEck Semiconductor ETF during the 2nd quarter worth $33,000. Kings Path Partners LLC purchased a new position in VanEck Semiconductor ETF during the 3rd quarter worth $30,000. Finally, Alpine Bank Wealth Management purchased a new position in VanEck Semiconductor ETF during the 3rd quarter worth $39,000.

VanEck Semiconductor ETF Stock Performance

NASDAQ SMH opened at $522.49 on Friday. The firm has a market cap of $66.59 billion, a PE ratio of 34.83 and a beta of 1.73. VanEck Semiconductor ETF has a one year low of $315.05 and a one year high of $671.83. The firm’s fifty day moving average is $572.62 and its two-hundred day moving average is $518.19.

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.