VanEck Semiconductor ETF (NASDAQ:SMH) Trading Up 0.7%

VanEck Semiconductor ETF (NASDAQ:SMHGet Free Report)’s stock price rose 0.7% on Wednesday . The company traded as high as $227.52 and last traded at $226.65. Approximately 1,957,611 shares traded hands during trading, a decline of 78% from the average daily volume of 8,796,774 shares. The stock had previously closed at $225.01.

VanEck Semiconductor ETF Trading Up 0.0 %

The firm has a market capitalization of $16.24 billion, a P/E ratio of 17.19 and a beta of 1.35. The business’s 50 day simple moving average is $210.40 and its two-hundred day simple moving average is $176.93.

Hedge Funds Weigh In On VanEck Semiconductor ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Sanctuary Wealth Management L.L.C. bought a new stake in shares of VanEck Semiconductor ETF during the third quarter valued at approximately $25,000. Macroview Investment Management LLC increased its position in VanEck Semiconductor ETF by 245.2% in the fourth quarter. Macroview Investment Management LLC now owns 145 shares of the company’s stock worth $25,000 after purchasing an additional 103 shares during the last quarter. FinTrust Capital Advisors LLC increased its position in VanEck Semiconductor ETF by 363.2% in the third quarter. FinTrust Capital Advisors LLC now owns 176 shares of the company’s stock worth $26,000 after purchasing an additional 138 shares during the last quarter. Tucker Asset Management LLC increased its position in VanEck Semiconductor ETF by 68.6% in the second quarter. Tucker Asset Management LLC now owns 177 shares of the company’s stock worth $27,000 after purchasing an additional 72 shares during the last quarter. Finally, Horizon Investments LLC increased its position in VanEck Semiconductor ETF by 96.7% in the second quarter. Horizon Investments LLC now owns 177 shares of the company’s stock worth $27,000 after purchasing an additional 87 shares during the last quarter.

VanEck Semiconductor ETF Company Profile

(Get Free Report)

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.

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