Vima LLC Makes New Investment in VanEck Semiconductor ETF (NASDAQ:SMH)

Vima LLC acquired a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 599 shares of the company’s stock, valued at approximately $105,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. FinTrust Capital Advisors LLC increased its holdings in VanEck Semiconductor ETF by 31.8% during the 4th quarter. FinTrust Capital Advisors LLC now owns 232 shares of the company’s stock worth $41,000 after purchasing an additional 56 shares in the last quarter. Ausdal Financial Partners Inc. grew its holdings in shares of VanEck Semiconductor ETF by 0.5% in the fourth quarter. Ausdal Financial Partners Inc. now owns 12,513 shares of the company’s stock valued at $2,188,000 after acquiring an additional 60 shares in the last quarter. Advisory Alpha LLC grew its holdings in shares of VanEck Semiconductor ETF by 4.5% in the fourth quarter. Advisory Alpha LLC now owns 1,602 shares of the company’s stock valued at $280,000 after acquiring an additional 69 shares in the last quarter. Cadence Bank grew its holdings in shares of VanEck Semiconductor ETF by 4.7% in the third quarter. Cadence Bank now owns 1,564 shares of the company’s stock valued at $227,000 after acquiring an additional 70 shares in the last quarter. Finally, Insigneo Advisory Services LLC grew its holdings in shares of VanEck Semiconductor ETF by 1.0% in the third quarter. Insigneo Advisory Services LLC now owns 7,533 shares of the company’s stock valued at $1,092,000 after acquiring an additional 71 shares in the last quarter.

VanEck Semiconductor ETF Trading Up 0.3 %

Shares of SMH stock traded up $0.68 during trading on Friday, hitting $267.89. The company’s stock had a trading volume of 6,257,022 shares, compared to its average volume of 8,163,433. The company has a market cap of $22.63 billion, a PE ratio of 18.82 and a beta of 1.35. The business has a fifty day moving average of $230.30 and a 200-day moving average of $206.32. VanEck Semiconductor ETF has a 52 week low of $136.10 and a 52 week high of $268.59.

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.