VanEck Semiconductor ETF (NASDAQ:SMH) Stock Holdings Lifted by Peak Asset Management LLC

Peak Asset Management LLC lifted its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 91.0% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,479 shares of the company’s stock after acquiring an additional 1,181 shares during the quarter. Peak Asset Management LLC’s holdings in VanEck Semiconductor ETF were worth $608,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. US Bancorp DE increased its holdings in shares of VanEck Semiconductor ETF by 8.6% in the 1st quarter. US Bancorp DE now owns 5,198 shares of the company’s stock valued at $1,170,000 after purchasing an additional 413 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in VanEck Semiconductor ETF in the 1st quarter worth approximately $477,000. Kingsview Wealth Management LLC acquired a new stake in shares of VanEck Semiconductor ETF during the 1st quarter valued at $3,614,000. HBK Sorce Advisory LLC grew its holdings in shares of VanEck Semiconductor ETF by 79.0% during the 1st quarter. HBK Sorce Advisory LLC now owns 3,508 shares of the company’s stock valued at $789,000 after acquiring an additional 1,548 shares in the last quarter. Finally, Blair William & Co. IL increased its stake in shares of VanEck Semiconductor ETF by 10.8% in the first quarter. Blair William & Co. IL now owns 61,689 shares of the company’s stock worth $13,879,000 after acquiring an additional 6,009 shares during the last quarter.

VanEck Semiconductor ETF Trading Down 1.7 %

Shares of NASDAQ:SMH opened at $247.63 on Thursday. The business has a fifty day simple moving average of $244.72 and a 200 day simple moving average of $245.07. VanEck Semiconductor ETF has a 1 year low of $156.56 and a 1 year high of $283.07. The firm has a market cap of $24.54 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35.

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.