Assetmark Inc. Acquires 15,613 Shares of VanEck Semiconductor ETF $SMH

Assetmark Inc. lifted its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 25.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 78,087 shares of the company’s stock after buying an additional 15,613 shares during the period. Assetmark Inc. owned about 0.07% of VanEck Semiconductor ETF worth $29,938,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. WealthCollab LLC bought a new stake in VanEck Semiconductor ETF during the 4th quarter worth approximately $28,000. Investment Counsel Co. of Nevada acquired a new position in VanEck Semiconductor ETF in the fourth quarter worth $35,000. Core Wealth Advisors LLC bought a new stake in shares of VanEck Semiconductor ETF during the fourth quarter worth $36,000. Jessup Wealth Management Inc bought a new stake in shares of VanEck Semiconductor ETF during the fourth quarter worth $40,000. Finally, CENTRAL TRUST Co increased its stake in shares of VanEck Semiconductor ETF by 66.7% in the fourth quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock valued at $43,000 after buying an additional 48 shares in the last quarter.

VanEck Semiconductor ETF Stock Down 2.2%

VanEck Semiconductor ETF stock opened at $556.53 on Friday. The stock has a 50-day simple moving average of $600.25 and a 200 day simple moving average of $479.70. VanEck Semiconductor ETF has a 12-month low of $279.19 and a 12-month high of $671.83. The stock has a market capitalization of $66.75 billion, a price-to-earnings ratio of 34.83 and a beta of 1.71.

VanEck Semiconductor ETF News Summary

Here are the key news stories impacting VanEck Semiconductor ETF this week:

• Positive Sentiment: Despite the recent pullback in semiconductors, investors poured about $25 billion into semiconductor ETFs, suggesting continued long-term demand for the sector. Investors Pour $25B Into Semiconductor ETFs as DRAM Plunges 40%
• Positive Sentiment: Some investors still see the AI chip buildout as early-stage, with commentary suggesting the next leg of AI infrastructure spending could support semiconductor ETFs like SMH. Think the AI Bull Market Is Just Getting Started? These 3 ETFs Are Positioned for the Next Leg
• Neutral Sentiment: Unusually heavy put buying in SMH points to hedging or bearish positioning, but it could also reflect traders protecting profits after the sector’s strong run.
• Negative Sentiment: Chip stocks extended losses as markets reassessed the AI-driven rally, weighing on semiconductor ETFs and dragging broader tech sentiment lower. Dow sinks 480 points as AI selloff deepens, chip stocks extend losses
• Negative Sentiment: Pre-market weakness in tech and chip stocks added to the downside, with futures pointing lower as traders worried about heavy semiconductor capital spending and valuation risk. Chip Sector Weighs on Wall Street Pre-Bell; Asia, Europe Down
• Negative Sentiment: Reports that South Korean regulators searched Chinese chipmaker Montage Technology in a competition probe add another layer of regulatory uncertainty for parts of the semiconductor supply chain. South Korea searches Chinese chipmaker Montage Technology’s office in competition probe

About VanEck Semiconductor ETF

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.