Liberty One Investment Management LLC Invests $774,000 in VanEck Semiconductor ETF $SMH

Liberty One Investment Management LLC acquired a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 2,019 shares of the company’s stock, valued at approximately $774,000.

Several other institutional investors have also modified their holdings of the business. Bank of America Corp DE lifted its stake in 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 buying an additional 7,678,318 shares in the last quarter. Morgan Stanley increased its position in shares of VanEck Semiconductor ETF by 4.8% during the fourth quarter. Morgan Stanley now owns 2,657,540 shares of the company’s stock worth $957,061,000 after acquiring an additional 121,815 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its holdings in shares of VanEck Semiconductor ETF by 158.7% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,198,897 shares of the company’s stock worth $431,759,000 after acquiring an additional 735,425 shares during the period. Meitav Investment House Ltd. raised its holdings in shares of VanEck Semiconductor ETF by 17.3% during the first quarter. Meitav Investment House Ltd. now owns 905,426 shares of the company’s stock worth $347,140,000 after acquiring an additional 133,601 shares during the period. Finally, Focus Partners Wealth lifted its position in VanEck Semiconductor ETF by 906.5% in the 4th quarter. Focus Partners Wealth now owns 745,768 shares of the company’s stock valued at $268,562,000 after acquiring an additional 671,673 shares in the last quarter.

VanEck Semiconductor ETF Trading Down 1.1%

SMH opened at $580.17 on Friday. The stock has a market capitalization of $70.31 billion, a P/E ratio of 34.83 and a beta of 1.71. VanEck Semiconductor ETF has a 12 month low of $279.19 and a 12 month high of $671.83. The firm’s fifty day simple moving average is $600.69 and its 200 day simple moving average is $486.52.

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.