Burke & Herbert Bank & Trust Co. decreased its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 3.2% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 9,065 shares of the company’s stock after selling 295 shares during the quarter. Burke & Herbert Bank & Trust Co.’s holdings in VanEck Semiconductor ETF were worth $2,225,000 at the end of the most recent quarter.
A number of other hedge funds have also recently bought and sold shares of the company. Mendota Financial Group LLC acquired a new stake in shares of VanEck Semiconductor ETF during the third quarter worth $25,000. Chilton Capital Management LLC bought a new stake in VanEck Semiconductor ETF in the second quarter valued at approximately $26,000. Innealta Capital LLC acquired a new stake in VanEck Semiconductor ETF in the second quarter worth $28,000. TD Capital Management LLC acquired a new stake in VanEck Semiconductor ETF in the second quarter worth $29,000. Finally, Pineridge Advisors LLC boosted its position in shares of VanEck Semiconductor ETF by 294.1% during the first quarter. Pineridge Advisors LLC now owns 134 shares of the company’s stock worth $30,000 after purchasing an additional 100 shares in the last quarter.
VanEck Semiconductor ETF Stock Up 2.4 %
Shares of SMH traded up $6.02 during trading hours on Friday, reaching $256.08. The stock had a trading volume of 1,477,913 shares, compared to its average volume of 8,129,429. The company has a market cap of $25.20 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 52 week low of $136.10 and a 52 week high of $283.07. The firm has a 50-day moving average of $242.54 and a 200 day moving average of $241.27.
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.
Further Reading
- Five stocks we like better than VanEck Semiconductor ETF
- Golden Cross Stocks: Pattern, Examples and Charts
- Texas Roadhouse Stock Steering for New Highs This Year
- How to Use High Beta Stocks to Maximize Your Investing Profits
- Monopar Therapeutics Skyrockets 400% on Licensing Deal
- What is the Australian Securities Exchange (ASX)
- Tractor Supply Stock Pulls Back: A Prime Buying Opportunity
Want to see what other hedge funds are holding SMH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Semiconductor ETF (NASDAQ:SMH – Free Report).
Receive News & Ratings for VanEck Semiconductor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Semiconductor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
