Charter Oak Capital Management LLC Purchases Shares of 1,075 VanEck Semiconductor ETF (NASDAQ:SMH)

Charter Oak Capital Management LLC acquired a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,075 shares of the company’s stock, valued at approximately $280,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SMH. Jane Street Group LLC increased its holdings in VanEck Semiconductor ETF by 20.9% during the 1st quarter. Jane Street Group LLC now owns 6,044,932 shares of the company’s stock valued at $1,360,049,000 after purchasing an additional 1,045,570 shares in the last quarter. Saudi Central Bank bought a new position in shares of VanEck Semiconductor ETF in the fourth quarter valued at about $105,273,000. Himension Capital Singapore PTE. LTD. raised its holdings in shares of VanEck Semiconductor ETF by 358.4% in the fourth quarter. Himension Capital Singapore PTE. LTD. now owns 318,624 shares of the company’s stock valued at $55,718,000 after buying an additional 249,112 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in VanEck Semiconductor ETF by 5.2% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 310,506 shares of the company’s stock worth $69,861,000 after buying an additional 15,316 shares in the last quarter. Finally, Cetera Investment Advisers grew its holdings in VanEck Semiconductor ETF by 1,172.6% during the 1st quarter. Cetera Investment Advisers now owns 290,347 shares of the company’s stock worth $65,325,000 after acquiring an additional 267,531 shares during the last quarter.

VanEck Semiconductor ETF Trading Up 2.5 %

Shares of VanEck Semiconductor ETF stock traded up $5.97 during midday trading on Friday, reaching $248.39. The company had a trading volume of 6,922,914 shares, compared to its average volume of 8,520,102. The company has a market capitalization of $22.34 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 1-year low of $136.10 and a 1-year high of $283.07. The stock has a fifty day simple moving average of $251.86 and a 200 day simple moving average of $233.23.

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.