RiverFront Investment Group LLC Has $21.78 Million Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

RiverFront Investment Group LLC boosted its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 7.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 89,935 shares of the company’s stock after buying an additional 6,396 shares during the quarter. RiverFront Investment Group LLC owned approximately 0.09% of VanEck Semiconductor ETF worth $21,780,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the stock. Level Four Advisory Services LLC increased its holdings in shares of VanEck Semiconductor ETF by 2.4% during the fourth quarter. Level Four Advisory Services LLC now owns 27,118 shares of the company’s stock worth $6,567,000 after buying an additional 630 shares in the last quarter. Orion Portfolio Solutions LLC raised its position in VanEck Semiconductor ETF by 271.9% in the 4th quarter. Orion Portfolio Solutions LLC now owns 31,817 shares of the company’s stock valued at $7,705,000 after purchasing an additional 23,262 shares during the last quarter. Howe & Rusling Inc. increased its stake in shares of VanEck Semiconductor ETF by 17.6% in the fourth quarter. Howe & Rusling Inc. now owns 1,011 shares of the company’s stock valued at $245,000 after buying an additional 151 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of VanEck Semiconductor ETF by 10.3% in the fourth quarter. JPMorgan Chase & Co. now owns 1,437,381 shares of the company’s stock valued at $348,091,000 after buying an additional 133,724 shares during the last quarter. Finally, Financial Engines Advisors L.L.C. lifted its position in VanEck Semiconductor ETF by 44.8% during the 4th quarter. Financial Engines Advisors L.L.C. now owns 1,183 shares of the company’s stock worth $286,000 after buying an additional 366 shares in the last quarter.

VanEck Semiconductor ETF Trading Down 2.6 %

Shares of NASDAQ SMH opened at $212.17 on Friday. VanEck Semiconductor ETF has a 1-year low of $198.44 and a 1-year high of $283.07. The company has a 50-day moving average of $238.37 and a two-hundred day moving average of $243.90. The company has a market cap of $20.09 billion, a PE ratio of 31.46 and a beta of 1.35.

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.