Hsbc Holdings PLC Purchases 2,943 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Hsbc Holdings PLC boosted its holdings in VanEck Semiconductor ETF (NASDAQ:SMHFree Report) by 33.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 11,622 shares of the company’s stock after purchasing an additional 2,943 shares during the quarter. Hsbc Holdings PLC’s holdings in VanEck Semiconductor ETF were worth $2,032,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of SMH. Ausdal Financial Partners Inc. raised its stake in shares of VanEck Semiconductor ETF by 0.5% in the fourth quarter. Ausdal Financial Partners Inc. now owns 12,513 shares of the company’s stock worth $2,188,000 after purchasing an additional 60 shares during the last quarter. Advisory Alpha LLC boosted its holdings in VanEck Semiconductor ETF by 4.5% during the 4th quarter. Advisory Alpha LLC now owns 1,602 shares of the company’s stock worth $280,000 after acquiring an additional 69 shares during the last quarter. Cadence Bank boosted its holdings in VanEck Semiconductor ETF by 4.7% during the 3rd quarter. Cadence Bank now owns 1,564 shares of the company’s stock worth $227,000 after acquiring an additional 70 shares during the last quarter. Insigneo Advisory Services LLC boosted its holdings in VanEck Semiconductor ETF by 1.0% during the 3rd quarter. Insigneo Advisory Services LLC now owns 7,533 shares of the company’s stock worth $1,092,000 after acquiring an additional 71 shares during the last quarter. Finally, Ranch Capital Advisors Inc. grew its stake in shares of VanEck Semiconductor ETF by 3.4% in the 3rd quarter. Ranch Capital Advisors Inc. now owns 2,257 shares of the company’s stock worth $327,000 after acquiring an additional 74 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

SMH opened at $252.21 on Friday. VanEck Semiconductor ETF has a fifty-two week low of $136.10 and a fifty-two week high of $255.92. The firm has a market capitalization of $21.31 billion, a P/E ratio of 18.82 and a beta of 1.35. The company’s 50-day moving average is $226.54 and its 200 day moving average is $202.85.

About VanEck Semiconductor ETF

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for VanEck Semiconductor ETF (NASDAQ:SMH)

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