SeaCrest Wealth Management LLC Acquires 457 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

SeaCrest Wealth Management LLC boosted its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 13.9% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,752 shares of the company’s stock after purchasing an additional 457 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $844,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SMH. Saudi Central Bank bought a new position in VanEck Semiconductor ETF in the 4th quarter worth approximately $105,273,000. Meitav Investment House Ltd. boosted its stake in VanEck Semiconductor ETF by 103.2% in the 4th quarter. Meitav Investment House Ltd. now owns 732,008 shares of the company’s stock worth $127,948,000 after purchasing an additional 371,831 shares during the period. Private Advisor Group LLC boosted its stake in VanEck Semiconductor ETF by 111.9% in the 4th quarter. Private Advisor Group LLC now owns 31,281 shares of the company’s stock worth $5,371,000 after purchasing an additional 293,538 shares during the period. Himension Capital Singapore PTE. LTD. boosted its position in shares of VanEck Semiconductor ETF by 358.4% during the 4th quarter. Himension Capital Singapore PTE. LTD. now owns 318,624 shares of the company’s stock valued at $55,718,000 after acquiring an additional 249,112 shares during the last quarter. Finally, International Assets Investment Management LLC bought a new position in shares of VanEck Semiconductor ETF during the 4th quarter valued at approximately $40,189,000.

VanEck Semiconductor ETF Stock Performance

NASDAQ SMH opened at $269.62 on Thursday. The company has a market capitalization of $22.78 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a one year low of $136.10 and a one year high of $279.57. The stock has a 50 day moving average price of $243.48 and a 200-day moving average price of $215.85.

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.