JB Capital LLC Buys 1,520 Shares of VanEck Semiconductor ETF $SMH

JB Capital LLC increased its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 117.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,812 shares of the company’s stock after buying an additional 1,520 shares during the quarter. JB Capital LLC’s holdings in VanEck Semiconductor ETF were worth $1,013,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC grew its stake in VanEck Semiconductor ETF by 5.4% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 32,403 shares of the company’s stock worth $10,921,000 after buying an additional 1,666 shares in the last quarter. Flagstar Advisors Inc. raised its position in shares of VanEck Semiconductor ETF by 68.2% in the 4th quarter. Flagstar Advisors Inc. now owns 5,910 shares of the company’s stock valued at $2,128,000 after buying an additional 2,396 shares in the last quarter. Bright Futures Wealth Management LLC. acquired a new position in shares of VanEck Semiconductor ETF in the 3rd quarter valued at approximately $1,934,000. Element Wealth LLC bought a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter worth approximately $515,000. Finally, Farther Finance Advisors LLC lifted its holdings in shares of VanEck Semiconductor ETF by 136.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 10,450 shares of the company’s stock worth $3,407,000 after acquiring an additional 6,026 shares during the period.

VanEck Semiconductor ETF Stock Performance

NASDAQ SMH opened at $392.32 on Monday. The firm’s 50 day simple moving average is $399.02 and its 200 day simple moving average is $370.58. The firm has a market capitalization of $41.88 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a 1 year low of $170.11 and a 1 year high of $427.94.

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.