VanEck Semiconductor ETF (NASDAQ:SMH) Stake Raised by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC increased its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 51.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,555 shares of the company’s stock after buying an additional 2,913 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in VanEck Semiconductor ETF were worth $2,100,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Mendota Financial Group LLC acquired a new position in shares of VanEck Semiconductor ETF in the third quarter worth about $25,000. Chilton Capital Management LLC purchased a new position in VanEck Semiconductor ETF during the 2nd quarter worth approximately $26,000. Innealta Capital LLC acquired a new stake in VanEck Semiconductor ETF during the 2nd quarter valued at $28,000. Financial Management Professionals Inc. purchased a new stake in shares of VanEck Semiconductor ETF in the third quarter valued at $28,000. Finally, TD Capital Management LLC purchased a new stake in shares of VanEck Semiconductor ETF in the second quarter valued at $29,000.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ SMH opened at $243.37 on Friday. The company has a market capitalization of $24.12 billion, a P/E ratio of 18.82 and a beta of 1.35. The business’s 50-day moving average price is $248.56 and its two-hundred day moving average price is $247.67. VanEck Semiconductor ETF has a one year low of $163.97 and a one 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.