Advisory Alpha LLC Purchases 274 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Advisory Alpha LLC grew its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 17.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,876 shares of the company’s stock after acquiring an additional 274 shares during the period. Advisory Alpha LLC’s holdings in VanEck Semiconductor ETF were worth $422,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Meitav Investment House Ltd. raised its stake in VanEck Semiconductor ETF by 103.2% in the fourth quarter. Meitav Investment House Ltd. now owns 732,008 shares of the company’s stock worth $127,948,000 after buying an additional 371,831 shares in the last quarter. Saudi Central Bank purchased a new stake in VanEck Semiconductor ETF in the fourth quarter worth about $105,273,000. Himension Capital Singapore PTE. LTD. grew its holdings in VanEck Semiconductor ETF by 358.4% in the fourth quarter. Himension Capital Singapore PTE. LTD. now owns 318,624 shares of the company’s stock worth $55,718,000 after purchasing an additional 249,112 shares during the period. Raymond James Financial Services Advisors Inc. grew its holdings in VanEck Semiconductor ETF by 5.2% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 310,506 shares of the company’s stock worth $69,861,000 after purchasing an additional 15,316 shares during the period. Finally, Commonwealth Equity Services LLC grew its holdings in VanEck Semiconductor ETF by 49.1% in the first quarter. Commonwealth Equity Services LLC now owns 270,842 shares of the company’s stock worth $60,937,000 after purchasing an additional 89,151 shares during the period.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ:SMH traded up $3.94 during trading on Friday, reaching $274.96. 2,217,325 shares of the stock traded hands, compared to its average volume of 8,049,056. The stock has a 50-day moving average of $250.65 and a two-hundred day moving average of $219.75. VanEck Semiconductor ETF has a 52-week low of $136.10 and a 52-week high of $283.07. The stock has a market cap of $23.88 billion, a P/E ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF 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.