Hall Capital Management Co. Inc. Takes $2.57 Million Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Hall Capital Management Co. Inc. purchased a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the fourth quarter, Holdings Channel reports. The fund purchased 10,611 shares of the company’s stock, valued at approximately $2,570,000.

Other hedge funds have also recently made changes to their positions in the company. Savant Capital LLC acquired a new stake in shares of VanEck Semiconductor ETF during the fourth quarter valued at about $403,000. Triumph Capital Management boosted its stake in shares of VanEck Semiconductor ETF by 23.8% during the fourth quarter. Triumph Capital Management now owns 4,282 shares of the company’s stock valued at $1,037,000 after purchasing an additional 823 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of VanEck Semiconductor ETF by 48.2% during the third quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock valued at $319,983,000 after purchasing an additional 424,042 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of VanEck Semiconductor ETF by 31.5% during the fourth quarter. Bank of New York Mellon Corp now owns 25,916 shares of the company’s stock valued at $6,276,000 after purchasing an additional 6,215 shares in the last quarter. Finally, Van ECK Associates Corp boosted its stake in shares of VanEck Semiconductor ETF by 12,475.4% during the fourth quarter. Van ECK Associates Corp now owns 8,677 shares of the company’s stock valued at $2,102,000 after purchasing an additional 8,608 shares in the last quarter.

VanEck Semiconductor ETF Trading Down 1.4%

Shares of SMH stock opened at $237.44 on Friday. The business’s 50-day moving average price is $215.04 and its 200-day moving average price is $234.41. VanEck Semiconductor ETF has a 12 month low of $170.11 and a 12 month high of $283.07. The firm has a market capitalization of $21.51 billion, a price-to-earnings ratio of 30.48 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.