VanEck Semiconductor ETF (NASDAQ:SMH) Shares Bought by Concentrum Wealth Management

Concentrum Wealth Management grew its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 32.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,615 shares of the company’s stock after purchasing an additional 2,367 shares during the period. VanEck Semiconductor ETF makes up 0.8% of Concentrum Wealth Management’s investment portfolio, making the stock its 21st largest position. Concentrum Wealth Management’s holdings in VanEck Semiconductor ETF were worth $2,328,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. FMR LLC lifted its position in VanEck Semiconductor ETF by 7.2% in the third quarter. FMR LLC now owns 19,264 shares of the company’s stock valued at $4,728,000 after buying an additional 1,297 shares during the last quarter. Quantinno Capital Management LP raised its stake in shares of VanEck Semiconductor ETF by 13.2% in the 3rd quarter. Quantinno Capital Management LP now owns 3,509 shares of the company’s stock valued at $861,000 after acquiring an additional 408 shares during the period. Kovitz Investment Group Partners LLC acquired a new position in shares of VanEck Semiconductor ETF in the 3rd quarter worth approximately $1,055,000. EP Wealth Advisors LLC boosted its position in shares of VanEck Semiconductor ETF by 0.3% during the 3rd quarter. EP Wealth Advisors LLC now owns 25,676 shares of the company’s stock worth $6,302,000 after purchasing an additional 65 shares during the period. Finally, XTX Topco Ltd acquired a new stake in VanEck Semiconductor ETF in the 3rd quarter valued at approximately $451,000.

VanEck Semiconductor ETF Stock Down 7.6 %

NASDAQ:SMH opened at $180.80 on Monday. VanEck Semiconductor ETF has a 52 week low of $173.65 and a 52 week high of $283.07. The stock’s fifty day moving average is $232.34 and its two-hundred day moving average is $243.03. The stock has a market capitalization of $16.29 billion, a price-to-earnings ratio of 25.25 and a beta of 1.39.

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.