Sonoma Allocations LLC Has $2.60 Million Stock Holdings in VanEck Semiconductor ETF $SMH

Sonoma Allocations LLC lifted its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 213.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,144 shares of the company’s stock after acquiring an additional 2,823 shares during the quarter. VanEck Semiconductor ETF makes up 1.0% of Sonoma Allocations LLC’s holdings, making the stock its 24th biggest holding. Sonoma Allocations LLC’s holdings in VanEck Semiconductor ETF were worth $2,597,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in SMH. MassMutual Private Wealth & Trust FSB bought a new position in VanEck Semiconductor ETF during the 2nd quarter worth approximately $30,000. WealthCollab LLC bought a new stake in shares of VanEck Semiconductor ETF in the 4th quarter valued at $28,000. Investment Counsel Co. of Nevada bought a new stake in shares of VanEck Semiconductor ETF in the 4th quarter valued at $35,000. Resources Management Corp CT ADV acquired a new stake in shares of VanEck Semiconductor ETF during the first quarter worth $38,000. Finally, Core Wealth Advisors LLC acquired a new stake in shares of VanEck Semiconductor ETF during the fourth quarter worth $36,000.

VanEck Semiconductor ETF Stock Up 2.0%

Shares of NASDAQ SMH opened at $582.70 on Friday. VanEck Semiconductor ETF has a twelve month low of $281.15 and a twelve month high of $671.83. The firm has a fifty day simple moving average of $595.49 and a 200 day simple moving average of $498.37. The company has a market capitalization of $73.21 billion, a PE ratio of 34.83 and a beta of 1.73.

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.