WBH Advisory Inc. Makes New Investment in VanEck Semiconductor ETF $SMH

WBH Advisory Inc. bought a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 2,813 shares of the company’s stock, valued at approximately $1,103,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Bank of America Corp DE increased its stake in VanEck Semiconductor ETF by 170.8% during the 4th quarter. Bank of America Corp DE now owns 12,174,182 shares of the company’s stock worth $4,384,288,000 after acquiring an additional 7,678,318 shares during the period. Morgan Stanley lifted its position in shares of VanEck Semiconductor ETF by 4.8% during the 4th quarter. Morgan Stanley now owns 2,657,540 shares of the company’s stock valued at $957,061,000 after acquiring an additional 121,815 shares during the period. Harel Insurance Investments & Financial Services Ltd. grew its holdings in shares of VanEck Semiconductor ETF by 158.7% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,198,897 shares of the company’s stock worth $431,759,000 after purchasing an additional 735,425 shares in the last quarter. Bank of Nova Scotia grew its holdings in shares of VanEck Semiconductor ETF by 24,986.6% during the 3rd quarter. Bank of Nova Scotia now owns 755,107 shares of the company’s stock worth $246,437,000 after purchasing an additional 752,097 shares in the last quarter. Finally, Focus Partners Wealth increased its position in shares of VanEck Semiconductor ETF by 906.5% in the fourth quarter. Focus Partners Wealth now owns 745,768 shares of the company’s stock worth $268,562,000 after purchasing an additional 671,673 shares during the period.

VanEck Semiconductor ETF Price Performance

SMH stock opened at $592.29 on Friday. VanEck Semiconductor ETF has a 52 week low of $278.55 and a 52 week high of $671.83. The business has a 50-day simple moving average of $585.68 and a 200 day simple moving average of $463.36. The company has a market cap of $69.65 billion, a PE ratio of 34.83 and a beta of 1.71.

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.