Lyell Wealth Management LP Has $10.20 Million Stock Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Lyell Wealth Management LP increased its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 6.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 58,328 shares of the company’s stock after acquiring an additional 3,626 shares during the quarter. VanEck Semiconductor ETF comprises 1.2% of Lyell Wealth Management LP’s holdings, making the stock its 29th largest holding. Lyell Wealth Management LP owned about 0.08% of VanEck Semiconductor ETF worth $10,200,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in SMH. Atria Wealth Solutions Inc. boosted its holdings in shares of VanEck Semiconductor ETF by 12.2% during the 4th quarter. Atria Wealth Solutions Inc. now owns 33,560 shares of the company’s stock worth $5,869,000 after buying an additional 3,643 shares in the last quarter. RWA Wealth Partners LLC bought a new position in shares of VanEck Semiconductor ETF during the 4th quarter worth approximately $3,761,000. Ciovacco Capital Management LLC boosted its holdings in shares of VanEck Semiconductor ETF by 9.2% during the 4th quarter. Ciovacco Capital Management LLC now owns 38,738 shares of the company’s stock worth $6,774,000 after buying an additional 3,250 shares in the last quarter. Diversified LLC boosted its holdings in shares of VanEck Semiconductor ETF by 1.4% during the 4th quarter. Diversified LLC now owns 168,235 shares of the company’s stock worth $29,419,000 after buying an additional 2,244 shares in the last quarter. Finally, Capital Investment Advisory Services LLC boosted its holdings in shares of VanEck Semiconductor ETF by 137.6% during the 4th quarter. Capital Investment Advisory Services LLC now owns 313 shares of the company’s stock worth $55,000 after buying an additional 1,145 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of VanEck Semiconductor ETF stock traded up $0.24 on Wednesday, reaching $208.04. 6,559,738 shares of the company’s stock were exchanged, compared to its average volume of 8,748,302. The company has a market capitalization of $17.37 billion, a P/E ratio of 17.70 and a beta of 1.35. VanEck Semiconductor ETF has a 52 week low of $118.57 and a 52 week high of $239.14. The firm’s 50-day moving average is $217.43 and its two-hundred day moving average is $184.77.

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.