Mathes Company Inc. Buys 870 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Mathes Company Inc. raised its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 21.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 4,960 shares of the company’s stock after purchasing an additional 870 shares during the quarter. Mathes Company Inc.’s holdings in VanEck Semiconductor ETF were worth $1,293,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SMH. Chilton Capital Management LLC purchased a new position in shares of VanEck Semiconductor ETF during the second quarter valued at approximately $26,000. Innealta Capital LLC purchased a new position in shares of VanEck Semiconductor ETF during the second quarter valued at approximately $28,000. TD Capital Management LLC purchased a new position in shares of VanEck Semiconductor ETF during the second quarter valued at approximately $29,000. Silicon Valley Capital Partners purchased a new position in shares of VanEck Semiconductor ETF during the first quarter valued at approximately $25,000. Finally, Olistico Wealth LLC purchased a new position in shares of VanEck Semiconductor ETF during the second quarter valued at approximately $31,000.

VanEck Semiconductor ETF Stock Performance

SMH opened at $231.06 on Thursday. VanEck Semiconductor ETF has a 52-week low of $136.10 and a 52-week high of $283.07. The stock has a market capitalization of $20.78 billion, a PE ratio of 18.82 and a beta of 1.35. The stock’s 50 day moving average price is $239.17 and its 200-day moving average price is $237.03.

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.