Kraft Davis & Associates LLC lowered its stake in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 1.4% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 48,594 shares of the company’s stock after selling 671 shares during the quarter. VanEck Semiconductor ETF accounts for about 3.5% of Kraft Davis & Associates LLC’s portfolio, making the stock its 8th biggest holding. Kraft Davis & Associates LLC’s holdings in VanEck Semiconductor ETF were worth $11,714,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mendota Financial Group LLC acquired a new stake in shares of VanEck Semiconductor ETF in the third quarter valued at about $25,000. Chilton Capital Management LLC acquired a new stake in VanEck Semiconductor ETF in the 2nd quarter worth about $26,000. Innealta Capital LLC acquired a new stake in VanEck Semiconductor ETF in the 2nd quarter worth about $28,000. Financial Management Professionals Inc. purchased a new stake in VanEck Semiconductor ETF during the 3rd quarter worth approximately $28,000. Finally, TD Capital Management LLC acquired a new position in shares of VanEck Semiconductor ETF during the second quarter valued at approximately $29,000.
VanEck Semiconductor ETF Price Performance
NASDAQ SMH opened at $244.18 on Wednesday. The stock’s 50 day simple moving average is $247.03 and its 200-day simple moving average is $246.13. The company has a market cap of $24.20 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 1-year low of $156.56 and a 1-year high of $283.07.
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.
Read More
- Five stocks we like better than VanEck Semiconductor ETF
- Using the MarketBeat Stock Split Calculator
- Super Micro Computer Soars 28%: Is It Really Out of the Woods?
- Find and Profitably Trade Stocks at 52-Week Lows
- Traders Are Flocking Back to Oil: What’s Fueling the Optimism
- The How and Why of Investing in Gold Stocks
- 3 Hot Stock Trends to Ride Into 2025
Want to see what other hedge funds are holding SMH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Semiconductor ETF (NASDAQ:SMH – Free Report).
Receive News & Ratings for VanEck Semiconductor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Semiconductor ETF and related companies with MarketBeat.com's FREE daily email newsletter.