VanEck Fabless Semiconductor ETF $SMHX is Black Swift Group LLC’s 9th Largest Position

Black Swift Group LLC lessened its stake in VanEck Fabless Semiconductor ETF (NASDAQ:SMHX) by 6.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 325,166 shares of the company’s stock after selling 20,794 shares during the quarter. VanEck Fabless Semiconductor ETF makes up about 2.0% of Black Swift Group LLC’s portfolio, making the stock its 9th biggest holding. Black Swift Group LLC owned 0.08% of VanEck Fabless Semiconductor ETF worth $12,366,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SMHX. Global Retirement Partners LLC increased its holdings in VanEck Fabless Semiconductor ETF by 839.7% in the 4th quarter. Global Retirement Partners LLC now owns 1,090 shares of the company’s stock worth $41,000 after acquiring an additional 974 shares in the last quarter. Farther Finance Advisors LLC purchased a new stake in VanEck Fabless Semiconductor ETF in the 4th quarter worth $79,000. Ameritas Advisory Services LLC purchased a new stake in VanEck Fabless Semiconductor ETF in the 4th quarter worth $202,000. Advisory Services Network LLC purchased a new stake in VanEck Fabless Semiconductor ETF in the 3rd quarter worth $215,000. Finally, Columbus Macro LLC purchased a new stake in VanEck Fabless Semiconductor ETF in the 4th quarter worth $335,000.

VanEck Fabless Semiconductor ETF Stock Performance

Shares of NASDAQ SMHX opened at $62.39 on Monday. The firm has a market cap of $247.69 million, a PE ratio of 41.26 and a beta of 2.28. The firm has a fifty day moving average of $48.22 and a 200 day moving average of $42.05. VanEck Fabless Semiconductor ETF has a one year low of $26.62 and a one year high of $63.57.

VanEck Fabless Semiconductor ETF Company Profile

The VanEck Fabless Semiconductor ETF (SMHX) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an index of US companies that design and develop semiconductor chips but outsources their manufacturing. Selection and weighting are based on free-float market capitalization. SMHX was launched on Aug 27, 2024 and is issued by VanEck.