VanEck Semiconductor ETF $SMH Shares Acquired by Valence8 US LP

Valence8 US LP increased its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 36.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 53,133 shares of the company’s stock after purchasing an additional 14,247 shares during the quarter. VanEck Semiconductor ETF makes up approximately 5.7% of Valence8 US LP’s holdings, making the stock its 6th biggest holding. Valence8 US LP’s holdings in VanEck Semiconductor ETF were worth $19,135,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in SMH. AQR Capital Management LLC increased its position in shares of VanEck Semiconductor ETF by 4.8% during the 1st quarter. AQR Capital Management LLC now owns 2,381 shares of the company’s stock worth $504,000 after purchasing an additional 109 shares in the last quarter. Empowered Funds LLC increased its position in shares of VanEck Semiconductor ETF by 32.5% during the 1st quarter. Empowered Funds LLC now owns 11,789 shares of the company’s stock worth $2,493,000 after purchasing an additional 2,890 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of VanEck Semiconductor ETF by 28.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock worth $133,000 after purchasing an additional 106 shares in the last quarter. First Trust Advisors LP acquired a new stake in shares of VanEck Semiconductor ETF during the 2nd quarter worth about $370,000. Finally, Gamco Investors INC. ET AL acquired a new stake in shares of VanEck Semiconductor ETF during the 2nd quarter worth about $1,116,000.

VanEck Semiconductor ETF Stock Down 1.1%

Shares of NASDAQ:SMH opened at $595.50 on Thursday. VanEck Semiconductor ETF has a 12 month low of $235.37 and a 12 month high of $612.30. The company’s 50-day moving average price is $475.61 and its two-hundred day moving average price is $413.38. The firm has a market cap of $69.19 billion, a P/E ratio of 34.83 and a beta of 1.70.

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.