Thor Trading Advisors LLC grew its stake in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 61.2% in the 3rd quarter, Holdings Channel.com reports. The firm owned 3,493 shares of the company’s stock after purchasing an additional 1,326 shares during the period. VanEck Semiconductor ETF comprises approximately 0.7% of Thor Trading Advisors LLC’s holdings, making the stock its 14th largest position. Thor Trading Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $2,127,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Keybank National Association OH purchased a new stake in shares of VanEck Semiconductor ETF in the third quarter valued at $597,000. Marathon Wealth Advisors LLC lifted its holdings in shares of VanEck Semiconductor ETF by 24.0% in the 3rd quarter. Marathon Wealth Advisors LLC now owns 952 shares of the company’s stock worth $580,000 after acquiring an additional 184 shares during the last quarter. Cpwa LLC boosted its stake in shares of VanEck Semiconductor ETF by 3.4% during the 3rd quarter. Cpwa LLC now owns 1,992 shares of the company’s stock worth $1,177,000 after purchasing an additional 66 shares during the period. 71 West Capital Partners purchased a new position in shares of VanEck Semiconductor ETF during the 3rd quarter worth about $301,000. Finally, Kestra Investment Management LLC purchased a new position in shares of VanEck Semiconductor ETF during the 3rd quarter worth about $701,000.
VanEck Semiconductor ETF Price Performance
Shares of NASDAQ SMH opened at $483.63 on Wednesday. The company has a market cap of $62.55 billion, a P/E ratio of 24.39 and a beta of 1.80. VanEck Semiconductor ETF has a 1 year low of $315.05 and a 1 year high of $671.83. The firm has a 50-day simple moving average of $562.83 and a two-hundred day simple moving average of $521.39.
VanEck Semiconductor ETF Company 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.
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