TD Private Client Wealth LLC Raises Position in VanEck Semiconductor ETF $SMH

TD Private Client Wealth LLC lifted its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 121.0% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 7,519 shares of the company’s stock after acquiring an additional 4,116 shares during the quarter. TD Private Client Wealth LLC’s holdings in VanEck Semiconductor ETF were worth $2,708,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Alpha Cubed Investments LLC boosted its position in shares of VanEck Semiconductor ETF by 2.5% in the third quarter. Alpha Cubed Investments LLC now owns 1,170 shares of the company’s stock worth $382,000 after buying an additional 28 shares during the period. Hazlett Burt & Watson Inc. boosted its position in shares of VanEck Semiconductor ETF by 24.1% in the third quarter. Hazlett Burt & Watson Inc. now owns 144 shares of the company’s stock worth $46,000 after buying an additional 28 shares during the period. Armstrong Advisory Group Inc. boosted its position in shares of VanEck Semiconductor ETF by 1.8% in the fourth quarter. Armstrong Advisory Group Inc. now owns 1,624 shares of the company’s stock worth $585,000 after buying an additional 29 shares during the period. Ritholtz Wealth Management boosted its position in shares of VanEck Semiconductor ETF by 0.6% in the fourth quarter. Ritholtz Wealth Management now owns 5,084 shares of the company’s stock worth $1,831,000 after buying an additional 32 shares during the period. Finally, Retirement Planning Co of New England Inc. boosted its position in shares of VanEck Semiconductor ETF by 4.2% in the third quarter. Retirement Planning Co of New England Inc. now owns 864 shares of the company’s stock worth $282,000 after buying an additional 35 shares during the period.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ SMH opened at $546.16 on Tuesday. VanEck Semiconductor ETF has a 1-year low of $234.59 and a 1-year high of $581.17. The business has a 50-day moving average of $449.92 and a 200-day moving average of $402.80. The company has a market capitalization of $63.46 billion, a price-to-earnings ratio of 34.83 and a beta of 1.70.

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.