VanEck Semiconductor ETF (NASDAQ:SMH) Shares Purchased by Safeguard Financial LLC

Safeguard Financial LLC raised its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 10.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,621 shares of the company’s stock after buying an additional 244 shares during the period. Safeguard Financial LLC’s holdings in VanEck Semiconductor ETF were worth $458,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Macroview Investment Management LLC lifted 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 purchasing an additional 103 shares in the last quarter. Octavia Wealth Advisors LLC lifted its position in shares of VanEck Semiconductor ETF by 32.4% during the fourth quarter. Octavia Wealth Advisors LLC now owns 1,866 shares of the company’s stock worth $326,000 after purchasing an additional 457 shares in the last quarter. United Asset Strategies Inc. acquired a new position in shares of VanEck Semiconductor ETF during the fourth quarter worth $263,000. Rye Brook Capital LLC lifted its position in shares of VanEck Semiconductor ETF by 385.9% during the fourth quarter. Rye Brook Capital LLC now owns 72,900 shares of the company’s stock worth $12,748,000 after purchasing an additional 98,400 shares in the last quarter. Finally, Capital Analysts LLC lifted its position in shares of VanEck Semiconductor ETF by 200.0% during the fourth quarter. Capital Analysts LLC now owns 771 shares of the company’s stock worth $135,000 after purchasing an additional 514 shares in the last quarter.

VanEck Semiconductor ETF Stock Up 0.8 %

Shares of NASDAQ SMH traded up $1.80 during trading on Tuesday, reaching $219.16. 6,750,152 shares of the stock were exchanged, compared to its average volume of 8,654,722. The company has a market capitalization of $18.42 billion, a price-to-earnings ratio of 17.19 and a beta of 1.35. The business’s 50-day moving average price is $216.23 and its 200 day moving average price is $181.95. VanEck Semiconductor ETF has a twelve month low of $118.57 and a twelve month high of $239.14.

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.