Sandbox Financial Partners LLC Takes Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Sandbox Financial Partners LLC purchased a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 1,386 shares of the company’s stock, valued at approximately $242,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Sanctuary Wealth Management L.L.C. acquired a new position in shares of VanEck Semiconductor ETF during the 3rd quarter worth about $25,000. FinTrust Capital Advisors LLC raised its holdings in shares of VanEck Semiconductor ETF by 363.2% during the third quarter. FinTrust Capital Advisors LLC now owns 176 shares of the company’s stock worth $26,000 after acquiring an additional 138 shares during the period. Tucker Asset Management LLC lifted its holdings in shares of VanEck Semiconductor ETF by 68.6% in the second quarter. Tucker Asset Management LLC now owns 177 shares of the company’s stock valued at $27,000 after purchasing an additional 72 shares in the last quarter. Horizon Investments LLC boosted its position in VanEck Semiconductor ETF by 96.7% during the 2nd quarter. Horizon Investments LLC now owns 177 shares of the company’s stock worth $27,000 after acquiring an additional 87 shares during the last quarter. Finally, Covestor Ltd acquired a new position in VanEck Semiconductor ETF during the first quarter worth $27,000.

VanEck Semiconductor ETF Trading Up 0.0 %

Shares of VanEck Semiconductor ETF stock traded up $0.10 on Friday, reaching $224.99. 3,763,264 shares of the company were exchanged, compared to its average volume of 8,973,510. The company has a market capitalization of $16.23 billion, a price-to-earnings ratio of 17.19 and a beta of 1.35. The company has a 50-day moving average of $208.13 and a 200 day moving average of $174.96. VanEck Semiconductor ETF has a one year low of $118.57 and a one year high of $239.14.

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.