Beaumont Asset Management L.L.C. Acquires Shares of 1,581 VanEck Semiconductor ETF $SMH

Beaumont Asset Management L.L.C. bought a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,581 shares of the company’s stock, valued at approximately $569,000.

Several other hedge funds also recently made changes to their positions in SMH. Mezzasalma Advisors LLC grew its position in VanEck Semiconductor ETF by 67.9% during the fourth quarter. Mezzasalma Advisors LLC now owns 15,159 shares of the company’s stock worth $5,459,000 after buying an additional 6,130 shares in the last quarter. Leo Wealth LLC acquired a new position in VanEck Semiconductor ETF in the 4th quarter valued at $453,000. Bluesphere Advisors LLC lifted its position in shares of VanEck Semiconductor ETF by 0.9% during the 4th quarter. Bluesphere Advisors LLC now owns 7,157 shares of the company’s stock valued at $2,577,000 after acquiring an additional 65 shares during the period. NavPoint Financial Inc. bought a new stake in shares of VanEck Semiconductor ETF during the 4th quarter valued at $216,000. Finally, BXM Wealth LLC grew its holdings in shares of VanEck Semiconductor ETF by 5,269.2% during the 4th quarter. BXM Wealth LLC now owns 48,752 shares of the company’s stock worth $17,557,000 after purchasing an additional 47,844 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ SMH opened at $392.32 on Monday. VanEck Semiconductor ETF has a 52 week low of $170.11 and a 52 week high of $427.94. The stock has a market capitalization of $41.88 billion, a P/E ratio of 34.83 and a beta of 1.52. The stock’s fifty day moving average is $399.02 and its 200 day moving average is $370.58.

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.