Wilmington Savings Fund Society FSB Makes New $430,000 Investment in VanEck Semiconductor ETF (NASDAQ:SMH)

Wilmington Savings Fund Society FSB bought a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the 3rd quarter, HoldingsChannel reports. The firm bought 1,752 shares of the company’s stock, valued at approximately $430,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Mendota Financial Group LLC purchased a new position in VanEck Semiconductor ETF in the 3rd quarter worth $25,000. Chilton Capital Management LLC purchased a new position in shares of VanEck Semiconductor ETF in the second quarter worth about $26,000. Innealta Capital LLC acquired a new stake in shares of VanEck Semiconductor ETF during the second quarter worth about $28,000. Financial Management Professionals Inc. purchased a new stake in VanEck Semiconductor ETF in the third quarter valued at approximately $28,000. Finally, TD Capital Management LLC acquired a new position in VanEck Semiconductor ETF in the 2nd quarter worth approximately $29,000.

VanEck Semiconductor ETF Trading Up 1.5 %

SMH opened at $253.25 on Tuesday. The firm has a 50 day moving average of $248.70 and a two-hundred day moving average of $247.78. The firm has a market capitalization of $25.09 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 12-month low of $163.97 and a 12-month high of $283.07.

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.