KMG Fiduciary Partners LLC Invests $227,000 in VanEck Semiconductor ETF (NASDAQ:SMH)

KMG Fiduciary Partners LLC purchased a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the third quarter, Holdings Channel reports. The firm purchased 923 shares of the company’s stock, valued at approximately $227,000.

A number of other hedge funds also recently bought and sold shares of the business. Jane Street Group LLC boosted its position in VanEck Semiconductor ETF by 20.9% during the first quarter. Jane Street Group LLC now owns 6,044,932 shares of the company’s stock worth $1,360,049,000 after purchasing an additional 1,045,570 shares in the last quarter. LPL Financial LLC boosted its position in VanEck Semiconductor ETF by 20.9% during the second quarter. LPL Financial LLC now owns 1,629,628 shares of the company’s stock worth $424,844,000 after purchasing an additional 281,252 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its position in VanEck Semiconductor ETF by 46.3% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,624,000 shares of the company’s stock worth $423,377,000 after purchasing an additional 514,000 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. boosted its position in VanEck Semiconductor ETF by 109.8% during the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 944,164 shares of the company’s stock worth $246,144,000 after purchasing an additional 494,164 shares in the last quarter. Finally, Main Management ETF Advisors LLC boosted its position in VanEck Semiconductor ETF by 2.6% during the second quarter. Main Management ETF Advisors LLC now owns 689,520 shares of the company’s stock worth $179,758,000 after purchasing an additional 17,340 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of VanEck Semiconductor ETF stock opened at $251.51 on Friday. The business has a 50 day simple moving average of $241.46 and a two-hundred day simple moving average of $240.67. VanEck Semiconductor ETF has a 12 month low of $136.10 and a 12 month high of $283.07. The stock has a market capitalization of $24.75 billion, a P/E 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.