Evolution Wealth Advisors LLC Invests $237,000 in VanEck Semiconductor ETF (NASDAQ:SMH)

Evolution Wealth Advisors LLC acquired a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 1,358 shares of the company’s stock, valued at approximately $237,000.

Several other hedge funds also recently modified their holdings of the company. Fort Point Capital Partners LLC increased its holdings in shares of VanEck Semiconductor ETF by 3.5% in the first quarter. Fort Point Capital Partners LLC now owns 1,358 shares of the company’s stock valued at $366,000 after purchasing an additional 46 shares in the last quarter. Captrust Financial Advisors increased its holdings in shares of VanEck Semiconductor ETF by 21.2% in the second quarter. Captrust Financial Advisors now owns 309 shares of the company’s stock valued at $63,000 after purchasing an additional 54 shares in the last quarter. Equitable Holdings Inc. increased its holdings in shares of VanEck Semiconductor ETF by 1.0% in the fourth quarter. Equitable Holdings Inc. now owns 5,651 shares of the company’s stock valued at $1,147,000 after purchasing an additional 54 shares in the last quarter. Ausdal Financial Partners Inc. increased its holdings in shares of VanEck Semiconductor ETF by 0.5% in the fourth quarter. Ausdal Financial Partners Inc. now owns 12,513 shares of the company’s stock valued at $2,188,000 after purchasing an additional 60 shares in the last quarter. Finally, Linscomb & Williams Inc. increased its holdings in shares of VanEck Semiconductor ETF by 8.9% in the first quarter. Linscomb & Williams Inc. now owns 787 shares of the company’s stock valued at $213,000 after purchasing an additional 64 shares in the last quarter.

VanEck Semiconductor ETF Stock Down 4.5 %

SMH stock traded down $9.42 during midday trading on Friday, reaching $199.21. The company’s stock had a trading volume of 13,580,487 shares, compared to its average volume of 8,782,318. VanEck Semiconductor ETF has a 52 week low of $118.57 and a 52 week high of $239.14. The stock has a market cap of $16.63 billion, a PE ratio of 17.70 and a beta of 1.78. The business’s 50-day simple moving average is $217.17 and its 200-day simple moving average is $183.23.

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.