Webster Bank N. A. Makes New Investment in VanEck Semiconductor ETF (NASDAQ:SMH)

Webster Bank N. A. acquired a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 246 shares of the company’s stock, valued at approximately $55,000.

A number of other large investors have also recently made changes to their positions in SMH. Macroview Investment Management LLC grew its stake in shares of VanEck Semiconductor ETF by 245.2% in the 4th quarter. Macroview Investment Management LLC now owns 145 shares of the company’s stock valued at $25,000 after buying an additional 103 shares during the period. Creekmur Asset Management LLC acquired a new stake in shares of VanEck Semiconductor ETF in the 4th quarter valued at $30,000. FinTrust Capital Advisors LLC raised its holdings in shares of VanEck Semiconductor ETF by 31.8% in the 4th quarter. FinTrust Capital Advisors LLC now owns 232 shares of the company’s stock valued at $41,000 after purchasing an additional 56 shares in the last quarter. Baker Avenue Asset Management LP raised its stake in VanEck Semiconductor ETF by 100.8% during the 3rd quarter. Baker Avenue Asset Management LP now owns 256 shares of the company’s stock worth $37,000 after acquiring an additional 32,000 shares in the last quarter. Finally, Capital Investment Advisory Services LLC raised its stake in VanEck Semiconductor ETF by 137.6% during the 4th quarter. Capital Investment Advisory Services LLC now owns 313 shares of the company’s stock worth $55,000 after acquiring an additional 1,145 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

VanEck Semiconductor ETF stock traded up $1.84 during midday trading on Friday, hitting $260.70. 7,743,251 shares of the company’s stock were exchanged, compared to its average volume of 8,199,485. The stock has a market cap of $22.03 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. The firm’s 50 day simple moving average is $239.98 and its 200 day simple moving average is $213.59. VanEck Semiconductor ETF has a 12-month low of $136.10 and a 12-month high of $279.57.

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.