International Assets Investment Management LLC Increases Stock Position in VanEck Semiconductor ETF (NASDAQ:SMH)

International Assets Investment Management LLC lifted its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 128.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,000 shares of the company’s stock after buying an additional 1,686 shares during the quarter. International Assets Investment Management LLC’s holdings in VanEck Semiconductor ETF were worth $684,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of SMH. Meitav Investment House Ltd. increased its stake in shares of VanEck Semiconductor ETF by 103.2% during the fourth quarter. Meitav Investment House Ltd. now owns 732,008 shares of the company’s stock valued at $127,948,000 after purchasing an additional 371,831 shares in the last quarter. Saudi Central Bank bought a new position in VanEck Semiconductor ETF during the 4th quarter valued at approximately $105,273,000. Himension Capital Singapore PTE. LTD. raised its stake in VanEck Semiconductor ETF by 358.4% during the fourth quarter. Himension Capital Singapore PTE. LTD. now owns 318,624 shares of the company’s stock valued at $55,718,000 after buying an additional 249,112 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in VanEck Semiconductor ETF by 103.9% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 295,190 shares of the company’s stock worth $51,620,000 after acquiring an additional 150,444 shares in the last quarter. Finally, Diversified LLC grew its stake in shares of VanEck Semiconductor ETF by 1.4% in the fourth quarter. Diversified LLC now owns 168,235 shares of the company’s stock worth $29,419,000 after acquiring an additional 2,244 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ:SMH opened at $264.89 on Monday. The business has a fifty day moving average price of $235.15 and a 200-day moving average price of $210.91. The company has a market capitalization of $22.38 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 1-year low of $136.10 and a 1-year high of $279.57.

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.