Inspire Advisors LLC Has $895,000 Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Inspire Advisors LLC lowered its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 2.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,233 shares of the company’s stock after selling 117 shares during the quarter. Inspire Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $895,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Triumph Capital Management boosted its holdings in VanEck Semiconductor ETF by 23.8% during the 4th quarter. Triumph Capital Management now owns 4,282 shares of the company’s stock worth $1,037,000 after acquiring an additional 823 shares during the last quarter. Dynamic Advisor Solutions LLC purchased a new position in VanEck Semiconductor ETF during the 1st quarter worth $913,000. First Trust Advisors LP purchased a new position in VanEck Semiconductor ETF during the 4th quarter worth $251,000. M&T Bank Corp boosted its holdings in VanEck Semiconductor ETF by 7.2% during the 1st quarter. M&T Bank Corp now owns 1,601 shares of the company’s stock worth $339,000 after acquiring an additional 107 shares during the last quarter. Finally, Alliancebernstein L.P. purchased a new position in VanEck Semiconductor ETF during the 4th quarter worth $2,912,000.

VanEck Semiconductor ETF Price Performance

SMH opened at $287.49 on Monday. The company has a market capitalization of $26.53 billion, a price-to-earnings ratio of 34.83 and a beta of 1.35. The firm’s fifty day moving average price is $267.09 and its two-hundred day moving average price is $241.41. VanEck Semiconductor ETF has a 1 year low of $170.11 and a 1 year high of $293.53.

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.