4,560 Shares of VanEck Semiconductor ETF $SMH Acquired by Cadent Capital Advisors LLC
by Mitch Edgeman · The Markets DailyCadent Capital Advisors LLC bought a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 4,560 shares of the company’s stock, valued at approximately $2,777,000.
A number of other large investors have also recently made changes to their positions in the stock. Allied Private Wealth LLC purchased a new position in VanEck Semiconductor ETF during the second quarter valued at approximately $26,000. MassMutual Private Wealth & Trust FSB bought a new stake in VanEck Semiconductor ETF in the 2nd quarter worth approximately $30,000. Timbuktu Capital Management LLC bought a new position in VanEck Semiconductor ETF during the second quarter valued at $33,000. Investment Counsel Co. of Nevada purchased a new position in shares of VanEck Semiconductor ETF in the 4th quarter worth $35,000. Finally, Resources Management Corp CT ADV bought a new stake in shares of VanEck Semiconductor ETF in the 1st quarter worth about $38,000.
VanEck Semiconductor ETF Trading Down 0.8%
Shares of NASDAQ:SMH traded down $4.72 during trading on Friday, reaching $602.55. The company’s stock had a trading volume of 3,566,760 shares, compared to its average volume of 9,253,705. The stock has a market capitalization of $74.17 billion, a PE ratio of 34.83 and a beta of 1.73. VanEck Semiconductor ETF has a 12 month low of $315.05 and a 12 month high of $671.83. The firm’s 50 day simple moving average is $577.52 and its two-hundred day simple moving average is $554.04.
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.
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