CreativeOne Wealth LLC Grows Stake in VanEck Semiconductor ETF (NASDAQ:SMH)

CreativeOne Wealth LLC raised its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 237.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 31,150 shares of the company’s stock after purchasing an additional 21,928 shares during the period. CreativeOne Wealth LLC’s holdings in VanEck Semiconductor ETF were worth $7,646,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SMH. Mendota Financial Group LLC acquired a new stake in VanEck Semiconductor ETF in the 3rd quarter worth approximately $25,000. Chilton Capital Management LLC purchased a new position in shares of VanEck Semiconductor ETF in the second quarter worth $26,000. Innealta Capital LLC acquired a new stake in shares of VanEck Semiconductor ETF during the second quarter worth $28,000. Financial Management Professionals Inc. purchased a new stake in shares of VanEck Semiconductor ETF during the third quarter valued at $28,000. Finally, TD Capital Management LLC purchased a new stake in shares of VanEck Semiconductor ETF during the second quarter valued at $29,000.

VanEck Semiconductor ETF Price Performance

Shares of SMH stock opened at $239.94 on Wednesday. The business has a fifty day moving average of $247.96 and a 200 day moving average of $246.91. VanEck Semiconductor ETF has a 1 year low of $156.56 and a 1 year high of $283.07. The firm has a market capitalization of $23.78 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Company 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.