WT Wealth Management Has $8.33 Million Stake in VanEck Semiconductor ETF $SMH

WT Wealth Management decreased its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 13.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,135 shares of the company’s stock after selling 3,455 shares during the quarter. VanEck Semiconductor ETF makes up about 2.4% of WT Wealth Management’s investment portfolio, making the stock its 11th largest position. WT Wealth Management’s holdings in VanEck Semiconductor ETF were worth $8,332,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also bought and sold shares of SMH. AQR Capital Management LLC boosted its stake in VanEck Semiconductor ETF by 4.8% in the 1st quarter. AQR Capital Management LLC now owns 2,381 shares of the company’s stock valued at $504,000 after buying an additional 109 shares in the last quarter. Empowered Funds LLC boosted its stake in VanEck Semiconductor ETF by 32.5% in the 1st quarter. Empowered Funds LLC now owns 11,789 shares of the company’s stock valued at $2,493,000 after buying an additional 2,890 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in VanEck Semiconductor ETF by 28.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock valued at $133,000 after buying an additional 106 shares in the last quarter. First Trust Advisors LP acquired a new stake in VanEck Semiconductor ETF in the 2nd quarter valued at $370,000. Finally, Gamco Investors INC. ET AL acquired a new stake in VanEck Semiconductor ETF in the 2nd quarter valued at $1,116,000.

VanEck Semiconductor ETF Stock Performance

VanEck Semiconductor ETF stock opened at $506.79 on Tuesday. The firm has a market cap of $58.88 billion, a P/E ratio of 34.83 and a beta of 1.70. The business’s fifty day moving average is $420.20 and its two-hundred day moving average is $388.07. VanEck Semiconductor ETF has a 52 week low of $212.84 and a 52 week high of $513.15.

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.