Cadent Capital Advisors LLC bought a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 4,560 shares of the company’s stock, valued at approximately $2,777,000.
Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Allied Private Wealth LLC purchased a new stake in VanEck Semiconductor ETF during the second quarter worth $26,000. MassMutual Private Wealth & Trust FSB acquired a new position in shares of VanEck Semiconductor ETF during the second quarter valued at about $30,000. Timbuktu Capital Management LLC acquired a new stake in shares of VanEck Semiconductor ETF during the second quarter worth $33,000. Trust Co. of Vermont purchased a new stake in VanEck Semiconductor ETF during the 2nd quarter valued at about $46,000. Finally, American National Bank & Trust increased its holdings in VanEck Semiconductor ETF by 151.6% in the 3rd quarter. American National Bank & Trust now owns 78 shares of the company’s stock worth $48,000 after buying an additional 47 shares during the period.
VanEck Semiconductor ETF Stock Performance
NASDAQ SMH traded down $4.72 on Friday, reaching $602.55. 3,566,760 shares of the company’s stock traded hands, compared to its average volume of 9,253,705. The firm has a market cap of $74.17 billion, a price-to-earnings ratio of 34.83 and a beta of 1.73. The stock has a 50 day moving average price of $577.52 and a 200-day moving average price of $554.04. VanEck Semiconductor ETF has a fifty-two week low of $315.05 and a fifty-two week high of $671.83.
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.
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