Sankala Group LLC Acquires Shares of 1,861 VanEck Semiconductor ETF $SMH

Sankala Group LLC purchased a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) in the 4th quarter, Holdings Channel reports. The fund purchased 1,861 shares of the company’s stock, valued at approximately $670,000.

A number of other hedge funds also recently added to or reduced their stakes in SMH. WealthCollab LLC bought a new position in shares of VanEck Semiconductor ETF during the 4th quarter valued at $28,000. Investment Counsel Co. of Nevada bought a new stake in shares of VanEck Semiconductor ETF in the fourth quarter worth $35,000. Core Wealth Advisors LLC bought a new stake in shares of VanEck Semiconductor ETF in the fourth quarter worth $36,000. Jessup Wealth Management Inc purchased a new stake in VanEck Semiconductor ETF during the fourth quarter valued at $40,000. Finally, CENTRAL TRUST Co increased its position in VanEck Semiconductor ETF by 66.7% during the fourth quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock valued at $43,000 after acquiring an additional 48 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ:SMH opened at $659.88 on Friday. The stock has a market capitalization of $76.67 billion, a PE ratio of 34.83 and a beta of 1.72. The firm’s 50 day moving average price is $551.49 and its 200-day moving average price is $445.11. VanEck Semiconductor ETF has a twelve month low of $257.12 and a twelve month high of $663.80.

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.