4,348 Shares in VanEck Semiconductor ETF (NASDAQ:SMH) Purchased by Concord Asset Management LLC VA

Concord Asset Management LLC VA acquired a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,348 shares of the company’s stock, valued at approximately $1,067,000.

Other hedge funds have also bought and sold shares of the company. Chilton Capital Management LLC bought a new position in shares of VanEck Semiconductor ETF in the second quarter worth approximately $26,000. Mendota Financial Group LLC bought a new position in shares of VanEck Semiconductor ETF in the third quarter worth approximately $25,000. Innealta Capital LLC bought a new position in shares of VanEck Semiconductor ETF in the second quarter worth approximately $28,000. TD Capital Management LLC bought a new position in shares of VanEck Semiconductor ETF in the second quarter worth approximately $29,000. Finally, Financial Management Professionals Inc. bought a new position in shares of VanEck Semiconductor ETF in the third quarter worth approximately $28,000.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ SMH opened at $239.95 on Friday. The firm’s 50 day moving average price is $246.15 and its 200-day moving average price is $245.47. The company has a market cap of $23.78 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 52-week low of $156.56 and a 52-week high of $283.07.

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.