BXM Wealth LLC Raises Stock Position in VanEck Semiconductor ETF $SMH

BXM Wealth LLC increased its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 5,269.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 48,752 shares of the company’s stock after acquiring an additional 47,844 shares during the period. VanEck Semiconductor ETF makes up about 1.7% of BXM Wealth LLC’s investment portfolio, making the stock its 16th biggest position. BXM Wealth LLC’s holdings in VanEck Semiconductor ETF were worth $17,557,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Bank of Nova Scotia grew its stake in VanEck Semiconductor ETF by 24,986.6% in the 3rd quarter. Bank of Nova Scotia now owns 755,107 shares of the company’s stock valued at $246,437,000 after acquiring an additional 752,097 shares during the last quarter. Menora Mivtachim Holdings LTD. lifted its holdings in shares of VanEck Semiconductor ETF by 0.4% in the third quarter. Menora Mivtachim Holdings LTD. now owns 576,000 shares of the company’s stock valued at $187,983,000 after purchasing an additional 2,500 shares in the last quarter. Meitav Investment House Ltd. grew its position in shares of VanEck Semiconductor ETF by 17.0% in the third quarter. Meitav Investment House Ltd. now owns 556,289 shares of the company’s stock valued at $181,266,000 after purchasing an additional 80,957 shares during the last quarter. Raymond James Financial Inc. grew its position in shares of VanEck Semiconductor ETF by 8.3% in the second quarter. Raymond James Financial Inc. now owns 534,989 shares of the company’s stock valued at $149,198,000 after purchasing an additional 40,831 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of VanEck Semiconductor ETF by 8.5% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 526,529 shares of the company’s stock worth $171,838,000 after purchasing an additional 41,280 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ:SMH opened at $392.32 on Monday. The business’s fifty day moving average price is $399.02 and its two-hundred day moving average price is $370.58. The stock has a market cap of $41.88 billion, a PE ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a one year low of $170.11 and a one 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.