Simplex Trading LLC Invests $10.15 Million in VanEck Semiconductor ETF (NASDAQ:SMH)

Simplex Trading LLC bought a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 41,923 shares of the company’s stock, valued at approximately $10,152,000.

Several other hedge funds also recently made changes to their positions in SMH. Hartford Financial Management Inc. boosted its position in shares of VanEck Semiconductor ETF by 61.9% in the 4th quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock worth $25,000 after purchasing an additional 39 shares in the last quarter. Mather Group LLC. raised its stake in VanEck Semiconductor ETF by 320.0% during the fourth quarter. Mather Group LLC. now owns 105 shares of the company’s stock valued at $25,000 after buying an additional 80 shares during the last quarter. Ethos Financial Group LLC bought a new stake in VanEck Semiconductor ETF in the fourth quarter worth $28,000. Hemington Wealth Management grew its stake in shares of VanEck Semiconductor ETF by 50.6% in the fourth quarter. Hemington Wealth Management now owns 131 shares of the company’s stock worth $31,000 after acquiring an additional 44 shares during the last quarter. Finally, Fifth Third Bancorp increased its holdings in shares of VanEck Semiconductor ETF by 80.2% during the fourth quarter. Fifth Third Bancorp now owns 155 shares of the company’s stock valued at $38,000 after acquiring an additional 69 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of VanEck Semiconductor ETF stock opened at $230.63 on Tuesday. The company has a 50-day simple moving average of $240.88 and a two-hundred day simple moving average of $244.18. VanEck Semiconductor ETF has a 52-week low of $198.44 and a 52-week high of $283.07. The stock has a market capitalization of $21.84 billion, a PE ratio of 31.46 and a beta of 1.35.

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.