1,015 Shares in VanEck Semiconductor ETF $SMH Acquired by Sharpepoint LLC

Sharpepoint LLC purchased a new position in VanEck Semiconductor ETF (NASDAQ:SMH) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,015 shares of the company’s stock, valued at approximately $365,000.

A number of other hedge funds also recently modified their holdings of the stock. Armstrong Advisory Group Inc. raised its holdings in shares of VanEck Semiconductor ETF by 1.8% in the 4th quarter. Armstrong Advisory Group Inc. now owns 1,624 shares of the company’s stock worth $585,000 after purchasing an additional 29 shares during the period. One Capital Management LLC grew its stake in VanEck Semiconductor ETF by 0.3% in the 4th quarter. One Capital Management LLC now owns 11,036 shares of the company’s stock valued at $3,974,000 after buying an additional 31 shares in the last quarter. Ritholtz Wealth Management grew its stake in VanEck Semiconductor ETF by 0.6% in the 4th quarter. Ritholtz Wealth Management now owns 5,084 shares of the company’s stock valued at $1,831,000 after buying an additional 32 shares in the last quarter. Cascade Investment Group Inc. grew its stake in VanEck Semiconductor ETF by 3.1% in the 4th quarter. Cascade Investment Group Inc. now owns 1,171 shares of the company’s stock valued at $422,000 after buying an additional 35 shares in the last quarter. Finally, First Command Advisory Services Inc. grew its stake in VanEck Semiconductor ETF by 15.2% in the 4th quarter. First Command Advisory Services Inc. now owns 273 shares of the company’s stock valued at $98,000 after buying an additional 36 shares in the last quarter.

VanEck Semiconductor ETF Trading Down 3.4%

VanEck Semiconductor ETF stock opened at $570.91 on Thursday. VanEck Semiconductor ETF has a 1-year low of $256.05 and a 1-year high of $642.77. The firm has a market capitalization of $66.33 billion, a price-to-earnings ratio of 34.83 and a beta of 1.72. The firm has a 50 day simple moving average of $518.34 and a 200 day simple moving average of $431.46.

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.