Echo45 Advisors LLC acquired a new stake in shares of VanEck Fabless Semiconductor ETF (NASDAQ:SMHX – Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 26,084 shares of the company’s stock, valued at approximately $992,000.
Several other institutional investors also recently bought and sold shares of SMHX. Black Swift Group LLC purchased a new position in VanEck Fabless Semiconductor ETF during the third quarter valued at $13,243,000. Assetmark Inc. purchased a new position in VanEck Fabless Semiconductor ETF during the third quarter valued at $8,487,000. Dakota Wealth Management purchased a new position in VanEck Fabless Semiconductor ETF during the fourth quarter valued at $2,210,000. Tower Research Capital LLC TRC grew its stake in VanEck Fabless Semiconductor ETF by 4,130.5% during the third quarter. Tower Research Capital LLC TRC now owns 28,598 shares of the company’s stock valued at $1,095,000 after acquiring an additional 27,922 shares in the last quarter. Finally, Jane Street Group LLC purchased a new position in VanEck Fabless Semiconductor ETF during the second quarter valued at $434,000.
VanEck Fabless Semiconductor ETF Stock Performance
SMHX opened at $58.80 on Friday. The stock has a market capitalization of $233.44 million, a price-to-earnings ratio of 41.26 and a beta of 2.28. The company has a fifty day moving average of $45.35 and a 200 day moving average of $41.13. VanEck Fabless Semiconductor ETF has a fifty-two week low of $26.62 and a fifty-two week high of $58.85.
About VanEck Fabless Semiconductor ETF
The VanEck Fabless Semiconductor ETF (SMHX) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an index of US companies that design and develop semiconductor chips but outsources their manufacturing. Selection and weighting are based on free-float market capitalization. SMHX was launched on Aug 27, 2024 and is issued by VanEck.
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