Sequoia Financial Advisors LLC Has $269,000 Stock Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Sequoia Financial Advisors LLC lifted its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 6.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,539 shares of the company’s stock after purchasing an additional 97 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $269,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Dearborn Partners LLC boosted its position in VanEck Semiconductor ETF by 8.1% during the 4th quarter. Dearborn Partners LLC now owns 5,341 shares of the company’s stock worth $934,000 after acquiring an additional 400 shares during the period. Fiduciary Planning LLC lifted its holdings in shares of VanEck Semiconductor ETF by 211.1% during the 4th quarter. Fiduciary Planning LLC now owns 20,092 shares of the company’s stock valued at $3,513,000 after buying an additional 13,633 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in shares of VanEck Semiconductor ETF during the 4th quarter valued at about $230,000. Strategic Blueprint LLC acquired a new stake in shares of VanEck Semiconductor ETF during the 4th quarter valued at about $232,000. Finally, Valley National Advisers Inc. lifted its holdings in shares of VanEck Semiconductor ETF by 81.6% during the 4th quarter. Valley National Advisers Inc. now owns 650 shares of the company’s stock valued at $113,000 after buying an additional 292 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of VanEck Semiconductor ETF stock opened at $199.21 on Friday. The firm has a market cap of $16.63 billion, a price-to-earnings ratio of 17.70 and a beta of 1.78. VanEck Semiconductor ETF has a 52-week low of $118.57 and a 52-week high of $239.14. The stock has a 50-day simple moving average of $217.17 and a 200-day simple moving average of $183.23.

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.