Rye Brook Capital LLC Has $5.52 Million Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Rye Brook Capital LLC increased its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 5.1% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 22,500 shares of the company’s stock after acquiring an additional 1,100 shares during the period. VanEck Semiconductor ETF comprises approximately 8.0% of Rye Brook Capital LLC’s holdings, making the stock its 6th largest position. Rye Brook Capital LLC’s holdings in VanEck Semiconductor ETF were worth $5,523,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Piscataqua Savings Bank raised its stake in shares of VanEck Semiconductor ETF by 1.0% in the second quarter. Piscataqua Savings Bank now owns 4,050 shares of the company’s stock worth $1,056,000 after purchasing an additional 41 shares during the last quarter. Macroview Investment Management LLC boosted its position in shares of VanEck Semiconductor ETF by 21.5% during the second quarter. Macroview Investment Management LLC now owns 271 shares of the company’s stock valued at $71,000 after buying an additional 48 shares during the last quarter. WealthCare Investment Partners LLC increased its holdings in VanEck Semiconductor ETF by 2.9% in the 3rd quarter. WealthCare Investment Partners LLC now owns 1,856 shares of the company’s stock worth $461,000 after buying an additional 52 shares in the last quarter. Choreo LLC raised its position in VanEck Semiconductor ETF by 1.1% in the 1st quarter. Choreo LLC now owns 4,891 shares of the company’s stock worth $1,100,000 after buying an additional 54 shares during the last quarter. Finally, Cascade Investment Group Inc. lifted its stake in VanEck Semiconductor ETF by 4.4% during the 2nd quarter. Cascade Investment Group Inc. now owns 1,324 shares of the company’s stock valued at $345,000 after acquiring an additional 56 shares during the period.

VanEck Semiconductor ETF Stock Performance

Shares of SMH stock traded down $0.70 during trading hours on Wednesday, reaching $250.99. The company had a trading volume of 649,565 shares, compared to its average volume of 8,170,662. The firm has a market cap of $24.85 billion, a PE ratio of 18.82 and a beta of 1.35. The business has a fifty day moving average price of $242.28 and a 200-day moving average price of $241.21. VanEck Semiconductor ETF has a one year low of $136.10 and a one year 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.