EdgeRock Capital LLC Makes New Investment in VanEck Semiconductor ETF (NASDAQ:SMH)

EdgeRock Capital LLC acquired a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 1,692 shares of the company’s stock, valued at approximately $323,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of SMH. Macroview Investment Management LLC boosted its position in VanEck Semiconductor ETF by 245.2% during the fourth quarter. Macroview Investment Management LLC now owns 145 shares of the company’s stock worth $25,000 after purchasing an additional 103 shares during the period. Sanctuary Wealth Management L.L.C. acquired a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter worth approximately $25,000. Baker Avenue Asset Management LP grew its position in shares of VanEck Semiconductor ETF by 100.8% during the 3rd quarter. Baker Avenue Asset Management LP now owns 256 shares of the company’s stock worth $37,000 after buying an additional 32,000 shares during the period. Banque Cantonale Vaudoise raised its position in shares of VanEck Semiconductor ETF by 250.0% during the third quarter. Banque Cantonale Vaudoise now owns 280 shares of the company’s stock worth $41,000 after purchasing an additional 200 shares during the period. Finally, Capital Investment Advisory Services LLC increased its holdings in VanEck Semiconductor ETF by 137.6% during the 4th quarter. Capital Investment Advisory Services LLC now owns 313 shares of the company’s stock worth $55,000 after purchasing an additional 1,145 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of SMH traded down $1.94 during midday trading on Tuesday, hitting $220.73. The stock had a trading volume of 5,066,496 shares, compared to its average volume of 8,546,120. The company has a 50 day simple moving average of $219.51 and a two-hundred day simple moving average of $189.33. VanEck Semiconductor ETF has a twelve month low of $121.81 and a twelve month high of $239.14. The firm has a market cap of $18.42 billion, a price-to-earnings ratio of 18.82 and a beta of 1.87.

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.