1,692 Shares in VanEck Semiconductor ETF (NASDAQ:SMH) Purchased by EdgeRock Capital LLC

EdgeRock Capital LLC acquired a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 1,692 shares of the company’s stock, valued at approximately $323,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. CI Investments Inc. increased its stake in shares of VanEck Semiconductor ETF by 166.7% in the 3rd quarter. CI Investments Inc. now owns 1,553,303 shares of the company’s stock valued at $225,198,000 after purchasing an additional 970,943 shares during the last quarter. Meitav Investment House Ltd. boosted its position in shares of VanEck Semiconductor ETF by 103.2% during the 4th quarter. Meitav Investment House Ltd. now owns 732,008 shares of the company’s stock valued at $127,948,000 after purchasing an additional 371,831 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its position in shares of VanEck Semiconductor ETF by 103.9% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 295,190 shares of the company’s stock worth $51,620,000 after buying an additional 150,444 shares during the period. International Assets Investment Management LLC bought a new stake in VanEck Semiconductor ETF in the fourth quarter valued at $40,189,000. Finally, Raymond James & Associates raised its holdings in shares of VanEck Semiconductor ETF by 8.5% during the third quarter. Raymond James & Associates now owns 173,791 shares of the company’s stock valued at $25,196,000 after purchasing an additional 13,634 shares during the period.

VanEck Semiconductor ETF Trading Down 0.9 %

NASDAQ SMH traded down $1.94 during mid-day trading on Tuesday, hitting $220.73. The company’s stock had a trading volume of 5,066,496 shares, compared to its average volume of 8,546,120. The company’s 50 day simple moving average is $219.51 and its 200 day simple moving average is $189.33. VanEck Semiconductor ETF has a twelve month low of $121.81 and a twelve month high of $239.14. The firm has a market capitalization of $18.42 billion, a price-to-earnings ratio of 18.82 and a beta of 1.87.

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.