BFI Infinity Ltd. acquired a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,341 shares of the company’s stock, valued at approximately $817,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Schuylkill Financial LLC purchased a new position in shares of VanEck Semiconductor ETF in the 2nd quarter valued at about $2,262,000. XML Financial LLC raised its holdings in VanEck Semiconductor ETF by 4,002.7% in the 2nd quarter. XML Financial LLC now owns 27,693 shares of the company’s stock worth $18,164,000 after purchasing an additional 27,018 shares during the period. NWF Advisory Services Inc. raised its holdings in VanEck Semiconductor ETF by 9.2% in the 2nd quarter. NWF Advisory Services Inc. now owns 11,705 shares of the company’s stock worth $7,677,000 after purchasing an additional 986 shares during the period. Markowski Investments purchased a new position in VanEck Semiconductor ETF during the second quarter worth approximately $656,000. Finally, Atomic Invest LLC boosted its position in VanEck Semiconductor ETF by 1,015.3% during the second quarter. Atomic Invest LLC now owns 21,916 shares of the company’s stock worth $13,855,000 after purchasing an additional 19,951 shares in the last quarter.
VanEck Semiconductor ETF Trading Down 1.0%
Shares of SMH opened at $558.84 on Friday. VanEck Semiconductor ETF has a 12 month low of $315.05 and a 12 month high of $671.83. The stock’s 50 day moving average is $579.57 and its two-hundred day moving average is $560.84. The firm has a market cap of $67.33 billion, a P/E ratio of 34.83 and a beta of 1.73.
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.
See Also
- Five stocks we like better than VanEck Semiconductor ETF
- ASML Can’t Keep Up With AI Demand—Why That’s a Good Thing
- Enovix’s 100,000-Battery Drone Order Sets Up a Test of Its Production Plans
- AMD’s Support Could Help Fermi Stock Overcome Its Biggest Hurdle
- Beyond the GPU: Credo Paves the Next AI Data Superhighway
Want to see what other hedge funds are holding SMH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Semiconductor ETF (NASDAQ:SMH – Free Report).
Receive News & Ratings for VanEck Semiconductor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Semiconductor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
