Corient Private Wealth LLC Buys 104 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Corient Private Wealth LLC lifted its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 1.6% in the fourth quarter, HoldingsChannel reports. The fund owned 6,673 shares of the company’s stock after acquiring an additional 104 shares during the period. Corient Private Wealth LLC’s holdings in VanEck Semiconductor ETF were worth $1,616,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SMH. Hartford Financial Management Inc. boosted its position in shares of VanEck Semiconductor ETF by 61.9% in the fourth quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock worth $25,000 after purchasing an additional 39 shares during the period. Mather Group LLC. lifted its stake in shares of VanEck Semiconductor ETF by 320.0% during the 4th quarter. Mather Group LLC. now owns 105 shares of the company’s stock valued at $25,000 after buying an additional 80 shares in the last quarter. Ethos Financial Group LLC bought a new position in VanEck Semiconductor ETF in the 4th quarter worth $28,000. Hemington Wealth Management increased its stake in 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 buying an additional 44 shares in the last quarter. Finally, Fifth Third Bancorp raised its holdings in VanEck Semiconductor ETF by 80.2% during the fourth quarter. Fifth Third Bancorp now owns 155 shares of the company’s stock valued at $38,000 after acquiring an additional 69 shares during the period.

VanEck Semiconductor ETF Stock Up 2.6 %

NASDAQ SMH opened at $230.63 on Tuesday. VanEck Semiconductor ETF has a twelve month low of $198.44 and a twelve month high of $283.07. The business has a 50-day moving average price of $240.88 and a 200-day moving average price of $244.18. The firm has a market cap of $21.84 billion, a price-to-earnings ratio of 31.46 and a beta of 1.35.

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.