Silver Oak Securities Incorporated Buys New Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Silver Oak Securities Incorporated bought a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,251 shares of the company’s stock, valued at approximately $219,000.

Other large investors also recently added to or reduced their stakes in the company. Lowery Thomas LLC lifted its holdings in VanEck Semiconductor ETF by 12.5% during the fourth quarter. Lowery Thomas LLC now owns 15,612 shares of the company’s stock valued at $2,730,000 after purchasing an additional 1,731 shares in the last quarter. Principle Wealth Partners LLC lifted 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 purchasing an additional 519 shares in the last quarter. Transcend Capital Advisors LLC lifted 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 purchasing an additional 545 shares in the last quarter. Golden State Equity Partners lifted 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 purchasing an additional 296 shares in the last quarter. Finally, Truist Financial Corp lifted 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 purchasing an additional 10,259 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ:SMH opened at $207.85 on Thursday. VanEck Semiconductor ETF has a 1-year low of $120.93 and a 1-year high of $239.14. The company has a market capitalization of $17.48 billion, a P/E ratio of 17.70 and a beta of 1.35. The firm’s 50 day simple moving average is $218.82 and its two-hundred day simple moving average is $187.01.

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.