Hutchens & Kramer Investment Management Group LLC Makes New $546,000 Investment in VanEck Semiconductor ETF $SMH

Hutchens & Kramer Investment Management Group LLC acquired a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 1,516 shares of the company’s stock, valued at approximately $546,000.

Other large investors have also modified their holdings of the company. AQR Capital Management LLC boosted its stake in VanEck Semiconductor ETF by 4.8% during the 1st quarter. AQR Capital Management LLC now owns 2,381 shares of the company’s stock worth $504,000 after purchasing an additional 109 shares during the period. Empowered Funds LLC increased its stake in VanEck Semiconductor ETF by 32.5% in the first quarter. Empowered Funds LLC now owns 11,789 shares of the company’s stock valued at $2,493,000 after purchasing an additional 2,890 shares during the period. SG Americas Securities LLC raised its holdings in shares of VanEck Semiconductor ETF by 103.5% in the second quarter. SG Americas Securities LLC now owns 3,166 shares of the company’s stock valued at $883,000 after buying an additional 94,536 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its holdings in shares of VanEck Semiconductor ETF by 22.4% in the second quarter. Nomura Asset Management Co. Ltd. now owns 12,305 shares of the company’s stock valued at $3,432,000 after buying an additional 2,250 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of VanEck Semiconductor ETF by 93.3% during the second quarter. JPMorgan Chase & Co. now owns 1,458,395 shares of the company’s stock worth $406,718,000 after buying an additional 703,799 shares during the period.

VanEck Semiconductor ETF Stock Down 2.6%

NASDAQ SMH opened at $384.74 on Friday. VanEck Semiconductor ETF has a 52-week low of $170.11 and a 52-week high of $427.94. The business’s 50-day moving average price is $401.03 and its 200 day moving average price is $364.01. The firm has a market cap of $42.05 billion, a P/E ratio of 34.83 and a beta of 1.52.

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.