Rational Advisors LLC lifted its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 165.3% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,435 shares of the company’s stock after purchasing an additional 2,140 shares during the period. Rational Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $896,000 at the end of the most recent quarter.
Other hedge funds have also modified their holdings of the company. Mather Group LLC. boosted its stake in VanEck Semiconductor ETF by 757.1% in the 2nd quarter. Mather Group LLC. now owns 300 shares of the company’s stock worth $78,000 after purchasing an additional 265 shares during the period. Advance Capital Management Inc. purchased a new position in shares of VanEck Semiconductor ETF during the first quarter valued at $216,000. Key Client Fiduciary Advisors LLC purchased a new position in shares of VanEck Semiconductor ETF during the first quarter valued at $202,000. Mirador Capital Partners LP acquired a new position in VanEck Semiconductor ETF during the first quarter valued at $998,000. Finally, QRG Capital Management Inc. purchased a new stake in VanEck Semiconductor ETF in the 2nd quarter worth about $325,000.
VanEck Semiconductor ETF Trading Down 2.3 %
NASDAQ SMH traded down $5.82 during trading on Monday, reaching $242.57. 6,921,461 shares of the company’s stock were exchanged, compared to its average volume of 8,510,407. The firm has a market capitalization of $21.82 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a fifty-two week low of $136.10 and a fifty-two week high of $283.07. The company’s fifty day simple moving average is $251.26 and its 200-day simple moving average is $234.08.
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.
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