VanEck Semiconductor ETF $SMH Stock Acquired by Ebert Capital Management Inc.

Ebert Capital Management Inc. increased its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 215.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,557 shares of the company’s stock after purchasing an additional 1,064 shares during the quarter. VanEck Semiconductor ETF makes up approximately 0.9% of Ebert Capital Management Inc.’s portfolio, making the stock its 16th biggest holding. Ebert Capital Management Inc.’s holdings in VanEck Semiconductor ETF were worth $948,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Allied Private Wealth LLC bought a new stake in VanEck Semiconductor ETF during the 2nd quarter valued at $26,000. MassMutual Private Wealth & Trust FSB bought a new position in shares of VanEck Semiconductor ETF in the second quarter worth approximately $30,000. Timbuktu Capital Management LLC purchased a new stake in shares of VanEck Semiconductor ETF during the 2nd quarter valued at $33,000. Investment Counsel Co. of Nevada bought a new stake in VanEck Semiconductor ETF during the fourth quarter worth about $35,000. Finally, Resources Management Corp CT ADV purchased a new stake in VanEck Semiconductor ETF in the first quarter worth approximately $38,000.

VanEck Semiconductor ETF Stock Performance

Shares of SMH stock traded down $23.79 on Thursday, hitting $601.24. 5,327,358 shares of the company’s stock traded hands, compared to its average volume of 9,240,245. The stock has a market capitalization of $73.71 billion, a price-to-earnings ratio of 34.83 and a beta of 1.73. The company’s fifty day simple moving average is $576.15 and its 200 day simple moving average is $552.47. VanEck Semiconductor ETF has a one year low of $315.05 and a one year high of $671.83.

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.