Kanawha Capital Management LLC Makes New $266,000 Investment in VanEck Semiconductor ETF (NASDAQ:SMH)

Kanawha Capital Management LLC purchased a new position in VanEck Semiconductor ETF (NASDAQ:SMH) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 1,021 shares of the company’s stock, valued at approximately $266,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Jane Street Group LLC grew its position in VanEck Semiconductor ETF by 20.9% in the 1st quarter. Jane Street Group LLC now owns 6,044,932 shares of the company’s stock worth $1,360,049,000 after purchasing an additional 1,045,570 shares during the last quarter. Saudi Central Bank acquired a new stake in shares of VanEck Semiconductor ETF during the 4th quarter valued at about $105,273,000. Himension Capital Singapore PTE. LTD. boosted its position in shares of VanEck Semiconductor ETF by 358.4% during the 4th quarter. Himension Capital Singapore PTE. LTD. now owns 318,624 shares of the company’s stock valued at $55,718,000 after acquiring an additional 249,112 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in shares of VanEck Semiconductor ETF by 5.2% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 310,506 shares of the company’s stock valued at $69,861,000 after acquiring an additional 15,316 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in shares of VanEck Semiconductor ETF by 1,172.6% during the 1st quarter. Cetera Investment Advisers now owns 290,347 shares of the company’s stock valued at $65,325,000 after acquiring an additional 267,531 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of VanEck Semiconductor ETF stock traded up $5.97 during trading on Friday, hitting $248.39. 6,933,374 shares of the company’s stock traded hands, compared to its average volume of 8,520,102. The firm’s fifty day moving average price is $251.86 and its 200 day moving average price is $233.51. VanEck Semiconductor ETF has a twelve month low of $136.10 and a twelve month high of $283.07. The company has a market cap of $22.34 billion, a PE ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Company 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.