Mezzasalma Advisors LLC Has $5.46 Million Stock Position in VanEck Semiconductor ETF $SMH

Mezzasalma Advisors LLC boosted its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 67.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 15,159 shares of the company’s stock after purchasing an additional 6,130 shares during the period. VanEck Semiconductor ETF comprises about 1.3% of Mezzasalma Advisors LLC’s investment portfolio, making the stock its 20th biggest position. Mezzasalma Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $5,459,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AQR Capital Management LLC raised its stake in shares of VanEck Semiconductor ETF by 4.8% in the first quarter. AQR Capital Management LLC now owns 2,381 shares of the company’s stock valued at $504,000 after acquiring an additional 109 shares during the last quarter. Empowered Funds LLC grew its position in VanEck Semiconductor ETF by 32.5% during the 1st quarter. Empowered Funds LLC now owns 11,789 shares of the company’s stock worth $2,493,000 after acquiring an additional 2,890 shares during the last quarter. CW Advisors LLC bought a new stake in VanEck Semiconductor ETF during the 2nd quarter worth approximately $323,000. 1832 Asset Management L.P. increased its holdings in VanEck Semiconductor ETF by 23.6% during the 2nd quarter. 1832 Asset Management L.P. now owns 1,360 shares of the company’s stock valued at $379,000 after purchasing an additional 260 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in VanEck Semiconductor ETF by 28.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock valued at $133,000 after purchasing an additional 106 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of SMH opened at $392.32 on Monday. The company has a market cap of $41.88 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52. The stock has a fifty day moving average price of $399.02 and a two-hundred day moving average price of $370.58. VanEck Semiconductor ETF has a 52-week low of $170.11 and a 52-week 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.