Guyasuta Investment Advisors Inc. Makes New Investment in VanEck Semiconductor ETF $SMH

Guyasuta Investment Advisors Inc. bought a new position in VanEck Semiconductor ETF (NASDAQ:SMH) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,400 shares of the company’s stock, valued at approximately $853,000.

Several other institutional investors and hedge funds have also recently modified their holdings of SMH. Allied Private Wealth LLC purchased a new position in shares of VanEck Semiconductor ETF in the 2nd quarter worth about $26,000. MassMutual Private Wealth & Trust FSB bought a new position in VanEck Semiconductor ETF in the 2nd quarter worth about $30,000. Timbuktu Capital Management LLC bought a new position in VanEck Semiconductor ETF in the 2nd quarter worth about $33,000. Resources Management Corp CT ADV purchased a new stake in VanEck Semiconductor ETF during the 1st quarter valued at about $38,000. Finally, Trust Co. of Vermont purchased a new stake in VanEck Semiconductor ETF during the 2nd quarter valued at about $46,000.

VanEck Semiconductor ETF Stock Performance

Shares of SMH stock opened at $558.84 on Friday. The company has a market capitalization of $67.33 billion, a price-to-earnings ratio of 34.83 and a beta of 1.73. VanEck Semiconductor ETF has a one year low of $315.05 and a one year high of $671.83. The company’s 50-day moving average is $579.57 and its 200 day moving average is $560.84.

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.