VanEck Semiconductor ETF $SMH Shares Purchased by J.Safra Asset Management Corp

J.Safra Asset Management Corp raised its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 3.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 109,174 shares of the company’s stock after acquiring an additional 3,265 shares during the quarter. VanEck Semiconductor ETF accounts for about 2.1% of J.Safra Asset Management Corp’s holdings, making the stock its 15th biggest position. J.Safra Asset Management Corp owned about 0.10% of VanEck Semiconductor ETF worth $39,317,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. GWN Securities Inc. purchased a new stake in VanEck Semiconductor ETF during the fourth quarter worth about $220,000. Janney Montgomery Scott LLC boosted its stake in shares of VanEck Semiconductor ETF by 31.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 90,322 shares of the company’s stock worth $32,528,000 after acquiring an additional 21,539 shares in the last quarter. Simplex Trading LLC acquired a new stake in shares of VanEck Semiconductor ETF in the 4th quarter worth approximately $27,955,000. Capital Analysts LLC increased its stake in VanEck Semiconductor ETF by 11.5% in the 4th quarter. Capital Analysts LLC now owns 1,827 shares of the company’s stock valued at $658,000 after purchasing an additional 188 shares in the last quarter. Finally, Outlook Wealth Advisors LLC boosted its position in VanEck Semiconductor ETF by 15.7% during the fourth quarter. Outlook Wealth Advisors LLC now owns 1,076 shares of the company’s stock worth $388,000 after purchasing an additional 146 shares in the last quarter.

VanEck Semiconductor ETF Stock Down 3.4%

Shares of SMH stock opened at $570.91 on Thursday. The stock has a market cap of $66.33 billion, a P/E ratio of 34.83 and a beta of 1.72. VanEck Semiconductor ETF has a fifty-two week low of $256.05 and a fifty-two week high of $642.77. The business has a fifty day simple moving average of $518.34 and a 200-day simple moving average of $431.46.

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.