VanEck Semiconductor ETF (NASDAQ:SMH) Shares Acquired by IHT Wealth Management LLC

IHT Wealth Management LLC boosted its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 43.2% in the third quarter, HoldingsChannel reports. The firm owned 39,779 shares of the company’s stock after purchasing an additional 11,997 shares during the quarter. IHT Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $9,680,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in SMH. Piscataqua Savings Bank boosted its position in VanEck Semiconductor ETF by 1.0% during the 2nd quarter. Piscataqua Savings Bank now owns 4,050 shares of the company’s stock worth $1,056,000 after acquiring an additional 41 shares during the period. Nvwm LLC grew its position in VanEck Semiconductor ETF by 2.2% in the 3rd quarter. Nvwm LLC now owns 1,867 shares of the company’s stock valued at $458,000 after buying an additional 41 shares in the last quarter. Prime Capital Investment Advisors LLC increased its stake in VanEck Semiconductor ETF by 4.3% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 1,011 shares of the company’s stock valued at $248,000 after buying an additional 42 shares during the period. Allworth Financial LP raised its position in shares of VanEck Semiconductor ETF by 5.1% during the 3rd quarter. Allworth Financial LP now owns 892 shares of the company’s stock worth $219,000 after buying an additional 43 shares in the last quarter. Finally, Clarity Capital Partners LLC lifted its stake in shares of VanEck Semiconductor ETF by 2.8% in the 3rd quarter. Clarity Capital Partners LLC now owns 1,590 shares of the company’s stock worth $390,000 after acquiring an additional 44 shares during the period.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ SMH traded down $0.84 during mid-day trading on Tuesday, reaching $247.03. 937,350 shares of the company traded hands, compared to its average volume of 7,906,560. VanEck Semiconductor ETF has a fifty-two week low of $156.56 and a fifty-two week high of $283.07. The firm has a market cap of $24.48 billion, a PE ratio of 18.82 and a beta of 1.35. The stock has a fifty day simple moving average of $248.13 and a 200-day simple moving average of $247.15.

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.