Toronto Dominion Bank Increases Stock Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Toronto Dominion Bank grew its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 143,900.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 46,080 shares of the company’s stock after purchasing an additional 46,048 shares during the period. Toronto Dominion Bank’s holdings in VanEck Semiconductor ETF were worth $11,159,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Hartford Financial Management Inc. increased its holdings in shares of VanEck Semiconductor ETF by 61.9% in the 4th quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock worth $25,000 after buying an additional 39 shares during the last quarter. Mather Group LLC. lifted its stake in shares of VanEck Semiconductor ETF by 320.0% in the 4th quarter. Mather Group LLC. now owns 105 shares of the company’s stock valued at $25,000 after purchasing an additional 80 shares during the last quarter. Ethos Financial Group LLC purchased a new position in shares of VanEck Semiconductor ETF in the 4th quarter worth approximately $28,000. Hemington Wealth Management boosted its holdings in shares of VanEck Semiconductor ETF by 50.6% in the 4th quarter. Hemington Wealth Management now owns 131 shares of the company’s stock worth $31,000 after purchasing an additional 44 shares during the period. Finally, Fifth Third Bancorp raised its holdings in VanEck Semiconductor ETF by 80.2% during the 4th quarter. Fifth Third Bancorp now owns 155 shares of the company’s stock valued at $38,000 after buying an additional 69 shares during the period.

VanEck Semiconductor ETF Stock Down 0.2%

NASDAQ SMH opened at $245.54 on Wednesday. VanEck Semiconductor ETF has a 52 week low of $170.11 and a 52 week high of $283.07. The firm has a market capitalization of $22.24 billion, a price-to-earnings ratio of 30.48 and a beta of 1.35. The company has a fifty day moving average of $214.26 and a two-hundred day moving average of $234.60.

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.