Sage Financial Group Inc. acquired a new position in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,000 shares of the company’s stock, valued at approximately $279,000.
Several other hedge funds also recently added to or reduced their stakes in SMH. Grimes & Company Inc. purchased a new stake in VanEck Semiconductor ETF in the second quarter valued at about $401,000. JSF Financial LLC acquired a new position in shares of VanEck Semiconductor ETF during the second quarter valued at about $242,000. Kickstand Ventures LLC. raised its position in shares of VanEck Semiconductor ETF by 72.5% in the 2nd quarter. Kickstand Ventures LLC. now owns 26,217 shares of the company’s stock valued at $7,311,000 after purchasing an additional 11,021 shares during the last quarter. Wealthcare Advisory Partners LLC raised its position in shares of VanEck Semiconductor ETF by 535.2% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 27,436 shares of the company’s stock valued at $7,651,000 after purchasing an additional 23,117 shares during the last quarter. Finally, Elevate Capital Advisors LLC acquired a new stake in VanEck Semiconductor ETF in the 2nd quarter worth approximately $693,000.
VanEck Semiconductor ETF Trading Down 0.5%
NASDAQ:SMH opened at $336.68 on Monday. VanEck Semiconductor ETF has a twelve month low of $170.11 and a twelve month high of $340.78. The company has a market cap of $32.96 billion, a PE ratio of 34.83 and a beta of 1.35. The company’s 50 day moving average is $301.94 and its two-hundred day moving average is $262.50.
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.
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