Sharpepoint LLC Acquires New Shares in VanEck Semiconductor ETF $SMH

Sharpepoint LLC purchased a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMHFree Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The fund purchased 1,015 shares of the company’s stock, valued at approximately $365,000.

A number of other hedge funds have also recently made changes to their positions in SMH. AQR Capital Management LLC grew its position in shares of VanEck Semiconductor ETF by 4.8% during the 1st quarter. AQR Capital Management LLC now owns 2,381 shares of the company’s stock valued at $504,000 after purchasing an additional 109 shares in the last quarter. Empowered Funds LLC grew its position in shares of VanEck Semiconductor ETF by 32.5% during the 1st quarter. Empowered Funds LLC now owns 11,789 shares of the company’s stock valued at $2,493,000 after purchasing an additional 2,890 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in shares of VanEck Semiconductor ETF by 28.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock valued at $133,000 after purchasing an additional 106 shares in the last quarter. First Trust Advisors LP purchased a new position in shares of VanEck Semiconductor ETF during the 2nd quarter valued at $370,000. Finally, Gamco Investors INC. ET AL purchased a new position in shares of VanEck Semiconductor ETF during the 2nd quarter valued at $1,116,000.

VanEck Semiconductor ETF Price Performance

SMH opened at $570.91 on Thursday. The company has a fifty day moving average price of $518.34 and a 200-day moving average price of $431.46. The firm has a market capitalization of $66.33 billion, a P/E ratio of 34.83 and a beta of 1.72. VanEck Semiconductor ETF has a one year low of $256.05 and a one year high of $642.77.

About VanEck Semiconductor ETF

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for VanEck Semiconductor ETF (NASDAQ:SMH)

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