Circle Wealth Management LLC Acquires 810 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Circle Wealth Management LLC grew its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 31.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,396 shares of the company’s stock after purchasing an additional 810 shares during the quarter. Circle Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $834,000 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 SMH. Mather Group LLC. boosted its holdings in VanEck Semiconductor ETF by 757.1% during the second quarter. Mather Group LLC. now owns 300 shares of the company’s stock worth $78,000 after buying an additional 265 shares during the last quarter. QRG Capital Management Inc. acquired a new position in VanEck Semiconductor ETF during the second quarter valued at approximately $325,000. Comerica Bank increased its stake in VanEck Semiconductor ETF by 20.5% in the first quarter. Comerica Bank now owns 8,452 shares of the company’s stock valued at $1,901,000 after purchasing an additional 1,440 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new stake in VanEck Semiconductor ETF in the third quarter worth $418,000. Finally, Zhang Financial LLC boosted its position in shares of VanEck Semiconductor ETF by 7.2% during the second quarter. Zhang Financial LLC now owns 1,087 shares of the company’s stock worth $283,000 after purchasing an additional 73 shares in the last quarter.

VanEck Semiconductor ETF Stock Up 1.6 %

Shares of SMH stock opened at $242.13 on Friday. VanEck Semiconductor ETF has a 12-month low of $156.56 and a 12-month high of $283.07. The firm has a fifty day moving average of $248.13 and a 200-day moving average of $246.92. The firm has a market capitalization of $23.99 billion, a price-to-earnings 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.