VanEck Semiconductor ETF $SMH Stock Position Increased by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC lifted its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 11.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,458 shares of the company’s stock after purchasing an additional 948 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in VanEck Semiconductor ETF were worth $3,707,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. WealthCollab LLC bought a new position in VanEck Semiconductor ETF during the fourth quarter worth about $28,000. Investment Counsel Co. of Nevada bought a new position in shares of VanEck Semiconductor ETF in the fourth quarter valued at $35,000. Core Wealth Advisors LLC bought a new position in shares of VanEck Semiconductor ETF during the 4th quarter worth $36,000. Jessup Wealth Management Inc bought a new position in shares of VanEck Semiconductor ETF in the fourth quarter worth approximately $40,000. Finally, CENTRAL TRUST Co raised its stake in shares of VanEck Semiconductor ETF by 66.7% during the fourth quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock worth $43,000 after acquiring an additional 48 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

NASDAQ SMH opened at $561.19 on Friday. VanEck Semiconductor ETF has a fifty-two week low of $279.19 and a fifty-two week high of $671.83. The stock has a 50 day simple moving average of $600.78 and a two-hundred day simple moving average of $487.04. The stock has a market cap of $67.65 billion, a P/E ratio of 34.83 and a beta of 1.71.

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.