VanEck Semiconductor ETF (NASDAQ:SMH) Holdings Boosted by Main Management ETF Advisors LLC

Main Management ETF Advisors LLC grew its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 2.7% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 267,750 shares of the company’s stock after buying an additional 7,140 shares during the period. VanEck Semiconductor ETF accounts for about 6.0% of Main Management ETF Advisors LLC’s holdings, making the stock its 8th biggest holding. Main Management ETF Advisors LLC owned 0.46% of VanEck Semiconductor ETF worth $70,469,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Fort Point Capital Partners LLC raised its position in shares of VanEck Semiconductor ETF by 3.5% in the first quarter. Fort Point Capital Partners LLC now owns 1,358 shares of the company’s stock valued at $366,000 after buying an additional 46 shares during the last quarter. Great Valley Advisor Group Inc. increased its position in VanEck Semiconductor ETF by 2.3% during the first quarter. Great Valley Advisor Group Inc. now owns 2,135 shares of the company’s stock worth $562,000 after purchasing an additional 48 shares during the last quarter. Captrust Financial Advisors increased its position in VanEck Semiconductor ETF by 21.2% during the second quarter. Captrust Financial Advisors now owns 309 shares of the company’s stock worth $63,000 after purchasing an additional 54 shares during the last quarter. Equitable Holdings Inc. increased its position in VanEck Semiconductor ETF by 1.0% during the fourth quarter. Equitable Holdings Inc. now owns 5,651 shares of the company’s stock worth $1,147,000 after purchasing an additional 54 shares during the last quarter. Finally, Ellevest Inc. increased its position in VanEck Semiconductor ETF by 57.9% during the first quarter. Ellevest Inc. now owns 150 shares of the company’s stock worth $39,000 after purchasing an additional 55 shares during the last quarter.

VanEck Semiconductor ETF Trading Up 0.5 %

VanEck Semiconductor ETF stock traded up $0.77 during midday trading on Tuesday, hitting $156.98. 2,402,939 shares of the stock were exchanged, compared to its average volume of 7,455,698. VanEck Semiconductor ETF has a fifty-two week low of $83.49 and a fifty-two week high of $161.17. The stock has a market capitalization of $10.38 billion, a price-to-earnings ratio of 17.19 and a beta of 1.35. The stock’s 50-day simple moving average is $153.18 and its 200 day simple moving average is $143.27.

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.