37,657 Shares in VanEck Semiconductor ETF $SMH Purchased by Independent Financial Group LLC

Independent Financial Group LLC bought a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) in the 1st quarter, HoldingsChannel.com reports. The institutional investor bought 37,657 shares of the company’s stock, valued at approximately $14,438,000.

Several other hedge funds have also made changes to their positions in the business. Bank of America Corp DE grew its holdings in shares of VanEck Semiconductor ETF by 170.8% in the fourth quarter. Bank of America Corp DE now owns 12,174,182 shares of the company’s stock valued at $4,384,288,000 after purchasing an additional 7,678,318 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its position in VanEck Semiconductor ETF by 158.7% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,198,897 shares of the company’s stock valued at $431,759,000 after buying an additional 735,425 shares during the period. Focus Partners Wealth grew its stake 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 acquiring an additional 671,673 shares in the last quarter. Baker Avenue Asset Management LP increased its position in shares of VanEck Semiconductor ETF by 100.3% during the fourth quarter. Baker Avenue Asset Management LP now owns 1,011 shares of the company’s stock worth $364,000 after acquiring an additional 349,979 shares during the period. Finally, RiverFront Investment Group LLC raised its stake in shares of VanEck Semiconductor ETF by 249.6% in the fourth quarter. RiverFront Investment Group LLC now owns 399,345 shares of the company’s stock valued at $143,816,000 after acquiring an additional 285,117 shares in the last quarter.

Key Stories Impacting VanEck Semiconductor ETF

Here are the key news stories impacting VanEck Semiconductor ETF this week:

• Positive Sentiment: AI-related capital spending is still expected to drive significant demand for semiconductor equipment and chips, which supports the long-term outlook for SMH and other chip-focused ETFs. Think the AI Bull Market Is Just Getting Started? These 3 ETFs Are Positioned for the Next Leg
• Positive Sentiment: Analysts continue to frame semiconductor ETFs like SMH as a key way to play the next phase of AI spending, which could keep investor interest elevated if the AI buildout accelerates. Is Massive AI Spending Favoring Chip ETFs More Than Big Tech?
• Neutral Sentiment: Reports that chip stocks rose earlier this week after strong ASML guidance helped the broader semiconductor group, but that positive impulse appears to be fading. Chip stocks rise on ASML earnings despite U.S. strikes on Iran
• Neutral Sentiment: Some media coverage notes that semiconductor stocks have been setting the tone for markets in 2026, underscoring how sensitive SMH remains to any shift in sentiment around chip leaders. Bank of America Says Long Semiconductors is the “Most Crowded Trade Ever”
• Negative Sentiment: Near-term caution is weighing on semiconductors, with futures pointing lower as traders reassess tech valuations and the possibility that the AI trade has become overcrowded. Tech Caution Undercuts Wall Street Pre-Bell; Asia Mixed, Europe Off
• Negative Sentiment: Chip stocks were also hit by a broader pullback in the sector, which directly pressured SMH as investors rotated away from semiconductors. Chip stocks fall, UnitedHealth earnings beat before the bell
• Negative Sentiment: News that South Korean authorities searched Montage Technology’s office in a competition probe adds regulatory uncertainty to the semiconductor space, which can hurt sentiment across chip names. South Korea searches Chinese chipmaker Montage Technology’s office in competition probe

VanEck Semiconductor ETF Trading Down 3.7%

NASDAQ:SMH opened at $568.92 on Friday. VanEck Semiconductor ETF has a 12-month low of $279.19 and a 12-month high of $671.83. The firm has a market cap of $68.09 billion, a PE ratio of 34.83 and a beta of 1.71. The stock has a fifty day moving average price of $600.45 and a 200 day moving average price of $479.15.

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.