Maridea Wealth Management LLC Invests $795,000 in VanEck Semiconductor ETF (NASDAQ:SMH)

Maridea Wealth Management LLC acquired a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 3,282 shares of the company’s stock, valued at approximately $795,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Hartford Financial Management Inc. lifted its stake in shares of VanEck Semiconductor ETF by 61.9% in the 4th quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after acquiring an additional 39 shares during the last quarter. Mather Group LLC. increased its holdings in VanEck Semiconductor ETF by 320.0% in the 4th quarter. Mather Group LLC. now owns 105 shares of the company’s stock worth $25,000 after purchasing an additional 80 shares in the last quarter. Ethos Financial Group LLC bought a new position in VanEck Semiconductor ETF in the fourth quarter valued at about $28,000. Hemington Wealth Management boosted its stake in shares of VanEck Semiconductor ETF by 50.6% during the fourth quarter. Hemington Wealth Management now owns 131 shares of the company’s stock valued at $31,000 after purchasing an additional 44 shares in the last quarter. Finally, Fifth Third Bancorp grew its holdings in shares of VanEck Semiconductor ETF by 80.2% during the fourth quarter. Fifth Third Bancorp now owns 155 shares of the company’s stock worth $38,000 after purchasing an additional 69 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ SMH opened at $212.17 on Friday. The company has a 50 day simple moving average of $238.37 and a 200 day simple moving average of $243.90. VanEck Semiconductor ETF has a 1 year low of $198.44 and a 1 year high of $283.07. The firm has a market cap of $20.09 billion, a PE ratio of 31.46 and a beta of 1.35.

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.