Principle Wealth Partners LLC Purchases 519 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Principle Wealth Partners LLC lifted its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 1.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 28,251 shares of the company’s stock after acquiring an additional 519 shares during the quarter. Principle Wealth Partners LLC’s holdings in VanEck Semiconductor ETF were worth $4,940,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sanctuary Wealth Management L.L.C. bought a new stake in shares of VanEck Semiconductor ETF during the third quarter worth $25,000. Macroview Investment Management LLC raised its position in shares of VanEck Semiconductor ETF by 245.2% during the fourth quarter. Macroview Investment Management LLC now owns 145 shares of the company’s stock worth $25,000 after acquiring an additional 103 shares during the last quarter. FinTrust Capital Advisors LLC raised its position in shares of VanEck Semiconductor ETF by 363.2% during the third quarter. FinTrust Capital Advisors LLC now owns 176 shares of the company’s stock worth $26,000 after acquiring an additional 138 shares during the last quarter. Baker Avenue Asset Management LP raised its position in shares of VanEck Semiconductor ETF by 100.8% during the third quarter. Baker Avenue Asset Management LP now owns 256 shares of the company’s stock worth $37,000 after acquiring an additional 32,000 shares during the last quarter. Finally, Banque Cantonale Vaudoise raised its position in shares of VanEck Semiconductor ETF by 250.0% during the third quarter. Banque Cantonale Vaudoise now owns 280 shares of the company’s stock worth $41,000 after acquiring an additional 200 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of SMH stock traded up $5.44 on Friday, reaching $217.64. 6,365,428 shares of the stock were exchanged, compared to its average volume of 8,718,253. The stock has a market cap of $18.34 billion, a PE ratio of 17.70 and a beta of 1.35. VanEck Semiconductor ETF has a one year low of $118.57 and a one year high of $239.14. The stock has a 50 day moving average price of $217.94 and a 200 day moving average price of $185.69.

VanEck Semiconductor ETF 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.