Lowery Thomas LLC Buys 1,731 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Lowery Thomas LLC increased its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 12.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 15,612 shares of the company’s stock after purchasing an additional 1,731 shares during the quarter. VanEck Semiconductor ETF accounts for approximately 2.3% of Lowery Thomas LLC’s holdings, making the stock its 15th largest position. Lowery Thomas LLC’s holdings in VanEck Semiconductor ETF were worth $2,730,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Principle Wealth Partners LLC raised its holdings in VanEck Semiconductor ETF by 1.9% during the fourth quarter. Principle Wealth Partners LLC now owns 28,251 shares of the company’s stock valued at $4,940,000 after acquiring an additional 519 shares during the period. Transcend Capital Advisors LLC raised its holdings in VanEck Semiconductor ETF by 31.8% during the fourth quarter. Transcend Capital Advisors LLC now owns 2,259 shares of the company’s stock valued at $395,000 after acquiring an additional 545 shares during the period. Golden State Equity Partners raised its holdings in VanEck Semiconductor ETF by 8.4% during the fourth quarter. Golden State Equity Partners now owns 3,819 shares of the company’s stock valued at $668,000 after acquiring an additional 296 shares during the period. Truist Financial Corp raised its holdings in VanEck Semiconductor ETF by 45.2% during the fourth quarter. Truist Financial Corp now owns 32,945 shares of the company’s stock valued at $5,761,000 after acquiring an additional 10,259 shares during the period. Finally, New England Private Wealth Advisors LLC bought a new stake in VanEck Semiconductor ETF during the fourth quarter valued at about $289,000.

VanEck Semiconductor ETF Stock Up 2.6 %

NASDAQ:SMH traded up $5.44 on Friday, reaching $217.64. 6,365,428 shares of the company’s stock traded hands, compared to its average volume of 8,718,253. The firm has a market cap of $18.34 billion, a PE ratio of 17.70 and a beta of 1.35. The stock has a 50-day simple moving average of $217.94 and a 200-day simple moving average of $185.69. VanEck Semiconductor ETF has a 12 month low of $118.57 and a 12 month high of $239.14.

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.