Virtue Capital Management LLC Raises Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Virtue Capital Management LLC increased its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 4.7% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 3,778 shares of the company’s stock after acquiring an additional 169 shares during the quarter. Virtue Capital Management LLC’s holdings in VanEck Semiconductor ETF were worth $927,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SMH. Mendota Financial Group LLC purchased 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 in the 2nd quarter valued at approximately $26,000. Innealta Capital LLC bought 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 during the third quarter worth $28,000. Finally, TD Capital Management LLC bought a new position in shares of VanEck Semiconductor ETF in the second quarter worth $29,000.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ SMH opened at $239.88 on Wednesday. The stock has a fifty day moving average of $248.52 and a 200-day moving average of $247.71. The stock has a market cap of $23.77 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a fifty-two week low of $163.29 and a fifty-two week high of $283.07.

VanEck Semiconductor ETF Company 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.