VanEck Semiconductor ETF $SMH Shares Newly Acquired by Park Avenue Securities LLC

Park Avenue Securities LLC bought a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 78,659 shares of the company’s stock, valued at approximately $47,903,000. Park Avenue Securities LLC owned approximately 0.06% of VanEck Semiconductor ETF at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Allied Private Wealth LLC purchased a new stake in shares of VanEck Semiconductor ETF in the second quarter valued at about $26,000. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of VanEck Semiconductor ETF in the second quarter valued at approximately $30,000. Timbuktu Capital Management LLC purchased a new position in shares of VanEck Semiconductor ETF during the 2nd quarter worth approximately $33,000. Kings Path Partners LLC purchased a new position in shares of VanEck Semiconductor ETF during the 3rd quarter worth approximately $30,000. Finally, Alpine Bank Wealth Management purchased a new position in shares of VanEck Semiconductor ETF during the 3rd quarter worth approximately $39,000.

VanEck Semiconductor ETF Stock Performance

SMH stock opened at $541.62 on Tuesday. VanEck Semiconductor ETF has a 1 year low of $315.05 and a 1 year high of $671.83. The firm has a market cap of $67.51 billion, a P/E ratio of 34.83 and a beta of 1.73. The stock’s 50 day moving average price is $575.09 and its 200 day moving average price is $514.09.

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.