Headlands Technologies LLC Purchases New Shares in VanEck Semiconductor ETF (NASDAQ:SMH)

Headlands Technologies LLC acquired a new position in VanEck Semiconductor ETF (NASDAQ:SMH) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 42,718 shares of the company’s stock, valued at approximately $11,137,000. VanEck Semiconductor ETF makes up about 1.2% of Headlands Technologies LLC’s investment portfolio, making the stock its 12th largest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SMH. Silicon Valley Capital Partners bought a new position in shares of VanEck Semiconductor ETF during the 1st quarter valued at approximately $25,000. Chilton Capital Management LLC purchased a new stake in VanEck Semiconductor ETF in the second quarter worth $26,000. Innealta Capital LLC purchased a new stake in VanEck Semiconductor ETF in the second quarter worth $28,000. TD Capital Management LLC bought a new stake in shares of VanEck Semiconductor ETF in the second quarter valued at $29,000. Finally, Creekmur Asset Management LLC purchased a new position in shares of VanEck Semiconductor ETF during the 4th quarter valued at $30,000.

VanEck Semiconductor ETF Stock Down 0.4 %

VanEck Semiconductor ETF stock traded down $0.91 during midday trading on Tuesday, reaching $218.95. The stock had a trading volume of 284,905 shares, compared to its average volume of 8,489,231. The firm has a market capitalization of $19.69 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 12 month low of $136.10 and a 12 month high of $283.07. The firm’s 50-day moving average price is $244.73 and its 200 day moving average price is $236.19.

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.