Allspring Global Investments Holdings LLC Has $3.18 Million Holdings in VanEck Semiconductor ETF $SMH

Allspring Global Investments Holdings LLC grew its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 128.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,510 shares of the company’s stock after purchasing an additional 4,778 shares during the period. Allspring Global Investments Holdings LLC’s holdings in VanEck Semiconductor ETF were worth $3,177,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Realta Investment Advisors boosted its position in VanEck Semiconductor ETF by 84.4% during the 3rd quarter. Realta Investment Advisors now owns 83 shares of the company’s stock worth $27,000 after acquiring an additional 38 shares during the period. Sound Income Strategies LLC boosted its position in VanEck Semiconductor ETF by 175.8% during the 3rd quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock worth $31,000 after acquiring an additional 58 shares during the period. Grey Fox Wealth Advisors LLC acquired a new stake in VanEck Semiconductor ETF during the 3rd quarter worth about $31,000. CX Institutional boosted its position in VanEck Semiconductor ETF by 288.5% during the 3rd quarter. CX Institutional now owns 101 shares of the company’s stock worth $33,000 after acquiring an additional 75 shares during the period. Finally, Root Financial Partners LLC purchased a new position in VanEck Semiconductor ETF during the third quarter valued at approximately $39,000.

VanEck Semiconductor ETF Stock Performance

Shares of SMH opened at $399.90 on Wednesday. The company’s 50 day moving average price is $398.82 and its 200 day moving average price is $371.73. VanEck Semiconductor ETF has a 52 week low of $176.05 and a 52 week high of $427.94. The company has a market capitalization of $42.69 billion, a PE ratio of 34.83 and a beta of 1.52.

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.