Sankala Group LLC Takes Position in VanEck Semiconductor ETF $SMH

Sankala Group LLC bought a new position in VanEck Semiconductor ETF (NASDAQ:SMH) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,861 shares of the company’s stock, valued at approximately $670,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SMH. Arwa LLC purchased a new position in shares of VanEck Semiconductor ETF in the fourth quarter valued at about $385,000. Instrumental Wealth LLC boosted its holdings in shares of VanEck Semiconductor ETF by 8.7% during the fourth quarter. Instrumental Wealth LLC now owns 948 shares of the company’s stock worth $341,000 after purchasing an additional 76 shares during the period. MidFirst Bank purchased a new stake in shares of VanEck Semiconductor ETF during the fourth quarter worth about $144,000. Investment Insight Wealth Management LLC purchased a new stake in shares of VanEck Semiconductor ETF during the fourth quarter worth about $534,000. Finally, Monetary Solutions Ltd bought a new stake in shares of VanEck Semiconductor ETF in the fourth quarter worth about $160,000.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ:SMH opened at $659.88 on Friday. The stock’s 50-day moving average is $551.49 and its 200 day moving average is $445.11. The company has a market cap of $76.67 billion, a PE ratio of 34.83 and a beta of 1.72. VanEck Semiconductor ETF has a 1 year low of $257.12 and a 1 year high of $663.80.

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.