Bay Rivers Group Buys 1,241 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Bay Rivers Group grew its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 6.4% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 20,774 shares of the company’s stock after buying an additional 1,241 shares during the quarter. VanEck Semiconductor ETF accounts for approximately 2.5% of Bay Rivers Group’s holdings, making the stock its 12th biggest holding. Bay Rivers Group’s holdings in VanEck Semiconductor ETF were worth $5,099,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of SMH. Mendota Financial Group LLC bought a new stake in VanEck Semiconductor ETF during the 3rd quarter worth approximately $25,000. Chilton Capital Management LLC acquired a new position in shares of VanEck Semiconductor ETF during the second quarter worth approximately $26,000. Innealta Capital LLC bought a new position in VanEck Semiconductor ETF in the 2nd quarter worth approximately $28,000. Financial Management Professionals Inc. bought a new position in VanEck Semiconductor ETF in the 3rd quarter valued at $28,000. Finally, TD Capital Management LLC bought a new stake in shares of VanEck Semiconductor ETF during the second quarter worth $29,000.

VanEck Semiconductor ETF Stock Up 1.7 %

NASDAQ SMH traded up $4.24 during trading hours on Tuesday, hitting $255.45. The company’s stock had a trading volume of 1,800,391 shares, compared to its average volume of 8,105,726. The stock has a fifty day moving average of $242.73 and a 200 day moving average of $241.96. The firm has a market capitalization of $25.25 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a twelve month low of $136.10 and a twelve month high of $283.07.

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.