VanEck Semiconductor ETF (NASDAQ:SMH) Shares Purchased by Choreo LLC

Choreo LLC boosted its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 26.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,837 shares of the company’s stock after buying an additional 1,022 shares during the quarter. Choreo LLC’s holdings in VanEck Semiconductor ETF were worth $846,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in SMH. Sanctuary Wealth Management L.L.C. purchased a new position in shares of VanEck Semiconductor ETF in the third quarter valued at $25,000. Macroview Investment Management LLC increased its holdings in VanEck Semiconductor ETF by 245.2% during the 4th quarter. Macroview Investment Management LLC now owns 145 shares of the company’s stock valued at $25,000 after acquiring an additional 103 shares in the last quarter. FinTrust Capital Advisors LLC raised its position in VanEck Semiconductor ETF by 363.2% during the third quarter. FinTrust Capital Advisors LLC now owns 176 shares of the company’s stock worth $26,000 after acquiring an additional 138 shares during the last quarter. Baker Avenue Asset Management LP lifted its holdings in shares of VanEck Semiconductor ETF by 100.8% in the third quarter. Baker Avenue Asset Management LP now owns 256 shares of the company’s stock valued at $37,000 after purchasing an additional 32,000 shares in the last quarter. Finally, Banque Cantonale Vaudoise grew its position in shares of VanEck Semiconductor ETF by 250.0% in the third quarter. Banque Cantonale Vaudoise now owns 280 shares of the company’s stock valued at $41,000 after purchasing an additional 200 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of SMH opened at $207.85 on Thursday. VanEck Semiconductor ETF has a 1-year low of $120.93 and a 1-year high of $239.14. The firm has a 50 day simple moving average of $218.82 and a 200-day simple moving average of $187.01. The stock has a market cap of $17.48 billion, a price-to-earnings ratio of 17.70 and a beta of 1.35.

VanEck Semiconductor ETF 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.