Bay Colony Advisory Group Inc d b a Bay Colony Advisors Buys 132 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 0.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,219 shares of the company’s stock after acquiring an additional 132 shares during the period. VanEck Semiconductor ETF accounts for 0.6% of Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings, making the stock its 28th biggest holding. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in VanEck Semiconductor ETF were worth $4,226,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the stock. KP Management LLC grew its stake in VanEck Semiconductor ETF by 37.8% in the 3rd quarter. KP Management LLC now owns 25,500 shares of the company’s stock worth $6,259,000 after acquiring an additional 7,000 shares in the last quarter. FSA Advisors Inc. bought a new position in VanEck Semiconductor ETF in the 3rd quarter worth about $237,000. Custom Index Systems LLC grew its stake in VanEck Semiconductor ETF by 3.8% in the 3rd quarter. Custom Index Systems LLC now owns 7,407 shares of the company’s stock worth $1,818,000 after acquiring an additional 274 shares in the last quarter. J.W. Cole Advisors Inc. boosted its stake in shares of VanEck Semiconductor ETF by 8.9% during the third quarter. J.W. Cole Advisors Inc. now owns 41,215 shares of the company’s stock valued at $10,116,000 after purchasing an additional 3,373 shares in the last quarter. Finally, Valley National Advisers Inc. boosted its stake in shares of VanEck Semiconductor ETF by 179.5% during the third quarter. Valley National Advisers Inc. now owns 1,817 shares of the company’s stock valued at $445,000 after purchasing an additional 1,167 shares in the last quarter.

VanEck Semiconductor ETF Stock Down 0.2 %

Shares of NASDAQ SMH traded down $0.55 during midday trading on Monday, reaching $252.41. 632,805 shares of the company’s stock traded hands, compared to its average volume of 8,121,981. The stock’s 50 day simple moving average is $242.73 and its 200-day simple moving average is $241.79. VanEck Semiconductor ETF has a one year low of $136.10 and a one year high of $283.07. The company has a market cap of $24.83 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35.

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.