Accurate Wealth Management LLC Has $2.11 Million Holdings in VanEck Semiconductor ETF $SMH

Accurate Wealth Management LLC lifted its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 44.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,411 shares of the company’s stock after buying an additional 1,675 shares during the period. Accurate Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $2,106,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Granite Group Advisors LLC acquired a new position in VanEck Semiconductor ETF in the fourth quarter worth approximately $635,000. Two West Capital Advisors LLC acquired a new stake in VanEck Semiconductor ETF in the fourth quarter valued at approximately $287,000. Cadent Capital Advisors LLC lifted its stake in VanEck Semiconductor ETF by 20.4% in the fourth quarter. Cadent Capital Advisors LLC now owns 2,686 shares of the company’s stock valued at $967,000 after acquiring an additional 456 shares during the last quarter. Bank & Trust Co bought a new stake in VanEck Semiconductor ETF in the fourth quarter worth approximately $288,000. Finally, Flagstar Advisors Inc. grew its position in VanEck Semiconductor ETF by 68.2% in the fourth quarter. Flagstar Advisors Inc. now owns 5,910 shares of the company’s stock worth $2,128,000 after acquiring an additional 2,396 shares in the last quarter.

VanEck Semiconductor ETF Stock Down 1.7%

Shares of SMH opened at $374.25 on Friday. The firm has a market cap of $40.90 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52. The company’s fifty day moving average is $400.48 and its 200-day moving average is $366.85. VanEck Semiconductor ETF has a 12 month low of $170.11 and a 12 month high of $427.94.

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.