VanEck Semiconductor ETF (NASDAQ:SMH) Shares Acquired by Snider Financial Group

Snider Financial Group raised its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 4.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,390 shares of the company’s stock after buying an additional 137 shares during the period. Snider Financial Group’s holdings in VanEck Semiconductor ETF were worth $832,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Mendota Financial Group LLC purchased a new stake in shares of VanEck Semiconductor ETF in the 3rd quarter worth about $25,000. Chilton Capital Management LLC acquired a new position in shares of VanEck Semiconductor ETF in the 2nd quarter valued at approximately $26,000. Innealta Capital LLC bought a new position in shares of VanEck Semiconductor ETF during the second quarter worth about $28,000. Financial Management Professionals Inc. bought a new position in shares of VanEck Semiconductor ETF during the third quarter valued at approximately $28,000. Finally, TD Capital Management LLC bought a new position in VanEck Semiconductor ETF in the 2nd quarter worth about $29,000.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ SMH opened at $249.80 on Thursday. VanEck Semiconductor ETF has a 52 week low of $156.56 and a 52 week high of $283.07. The firm has a market cap of $24.75 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. The business’s 50-day simple moving average is $245.18 and its 200-day simple moving average is $245.09.

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.