Sassicaia Capital Advisers LLC Invests $1.42 Million in VanEck Semiconductor ETF $SMH

Sassicaia Capital Advisers LLC purchased a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) during the 2nd quarter, HoldingsChannel.com reports. The firm purchased 5,086 shares of the company’s stock, valued at approximately $1,418,000. VanEck Semiconductor ETF comprises about 0.9% of Sassicaia Capital Advisers LLC’s holdings, making the stock its 15th biggest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Smithfield Trust Co lifted its position in VanEck Semiconductor ETF by 16.6% during the 2nd quarter. Smithfield Trust Co now owns 253 shares of the company’s stock valued at $71,000 after purchasing an additional 36 shares during the period. Hall Capital Management Co. Inc. grew its position in shares of VanEck Semiconductor ETF by 0.3% during the 2nd quarter. Hall Capital Management Co. Inc. now owns 12,867 shares of the company’s stock worth $3,588,000 after buying an additional 37 shares during the period. FSA Advisors Inc. raised its stake in shares of VanEck Semiconductor ETF by 3.9% during the second quarter. FSA Advisors Inc. now owns 1,037 shares of the company’s stock worth $289,000 after buying an additional 39 shares during the last quarter. Luminist Capital LLC lifted its holdings in VanEck Semiconductor ETF by 42.1% in the second quarter. Luminist Capital LLC now owns 135 shares of the company’s stock valued at $37,000 after buying an additional 40 shares during the period. Finally, Delos Wealth Advisors LLC lifted its holdings in VanEck Semiconductor ETF by 0.6% in the first quarter. Delos Wealth Advisors LLC now owns 7,402 shares of the company’s stock valued at $1,565,000 after buying an additional 43 shares during the period.

VanEck Semiconductor ETF Stock Performance

Shares of SMH stock opened at $364.42 on Friday. The firm’s 50 day moving average price is $346.55 and its two-hundred day moving average price is $304.69. VanEck Semiconductor ETF has a 52-week low of $170.11 and a 52-week high of $372.78. The stock has a market cap of $36.58 billion, a PE ratio of 34.83 and a beta of 1.52.

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.