Quantinno Capital Management LP Has $861,000 Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Quantinno Capital Management LP boosted its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 13.2% during the third quarter, Holdings Channel reports. The fund owned 3,509 shares of the company’s stock after purchasing an additional 408 shares during the period. Quantinno Capital Management LP’s holdings in VanEck Semiconductor ETF were worth $861,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Chilton Capital Management LLC bought a new stake in shares of VanEck Semiconductor ETF during the second quarter worth approximately $26,000. Mendota Financial Group LLC acquired a new stake in VanEck Semiconductor ETF during the 3rd quarter worth approximately $25,000. Innealta Capital LLC bought a new stake in VanEck Semiconductor ETF in the 2nd quarter valued at $28,000. TD Capital Management LLC acquired a new position in VanEck Semiconductor ETF in the 2nd quarter valued at $29,000. Finally, Financial Management Professionals Inc. bought a new position in VanEck Semiconductor ETF during the 3rd quarter worth $28,000.

VanEck Semiconductor ETF Stock Performance

SMH opened at $249.49 on Friday. The stock has a fifty day moving average of $248.60 and a 200-day moving average of $247.70. The company has a market capitalization of $24.72 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a fifty-two week low of $163.97 and a fifty-two week high of $283.07.

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.