Safeguard Financial LLC Has $458,000 Stock Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Safeguard Financial LLC raised its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 10.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,621 shares of the company’s stock after buying an additional 244 shares during the quarter. Safeguard Financial LLC’s holdings in VanEck Semiconductor ETF were worth $458,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. CI Investments Inc. grew its holdings in shares of VanEck Semiconductor ETF by 166.7% during the 3rd quarter. CI Investments Inc. now owns 1,553,303 shares of the company’s stock worth $225,198,000 after purchasing an additional 970,943 shares in the last quarter. Jane Street Group LLC grew its holdings in shares of VanEck Semiconductor ETF by 28.2% during the 1st quarter. Jane Street Group LLC now owns 1,080,467 shares of the company’s stock worth $284,368,000 after purchasing an additional 237,394 shares in the last quarter. Morgan Stanley grew its holdings in shares of VanEck Semiconductor ETF by 25.8% during the 4th quarter. Morgan Stanley now owns 810,841 shares of the company’s stock worth $164,552,000 after purchasing an additional 166,418 shares in the last quarter. Meitav Investment House Ltd. grew its holdings in shares of VanEck Semiconductor ETF by 103.2% during the 4th quarter. Meitav Investment House Ltd. now owns 732,008 shares of the company’s stock worth $127,948,000 after purchasing an additional 371,831 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of VanEck Semiconductor ETF by 60.7% during the 1st quarter. JPMorgan Chase & Co. now owns 425,381 shares of the company’s stock worth $111,956,000 after buying an additional 160,662 shares during the period.

VanEck Semiconductor ETF Price Performance

Shares of VanEck Semiconductor ETF stock traded up $1.80 during midday trading on Tuesday, hitting $219.16. 6,750,152 shares of the company were exchanged, compared to its average volume of 8,654,722. The firm has a market cap of $18.42 billion, a P/E ratio of 17.19 and a beta of 1.35. VanEck Semiconductor ETF has a 52 week low of $118.57 and a 52 week high of $239.14. The firm has a 50 day simple moving average of $216.23 and a 200-day simple moving average of $181.95.

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.