ADAPT Investment Managers SA Buys 74,807 Shares of VanEck Semiconductor ETF $SMH

ADAPT Investment Managers SA lifted its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 217.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 109,241 shares of the company’s stock after acquiring an additional 74,807 shares during the quarter. VanEck Semiconductor ETF accounts for 0.3% of ADAPT Investment Managers SA’s investment portfolio, making the stock its 4th largest position. ADAPT Investment Managers SA owned 0.10% of VanEck Semiconductor ETF worth $39,341,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Brooklyn Investment Group increased its stake in VanEck Semiconductor ETF by 2.2% during the fourth quarter. Brooklyn Investment Group now owns 1,192 shares of the company’s stock worth $434,000 after purchasing an additional 26 shares during the period. Armstrong Advisory Group Inc. increased its stake in VanEck Semiconductor ETF by 1.8% during the fourth quarter. Armstrong Advisory Group Inc. now owns 1,624 shares of the company’s stock worth $585,000 after purchasing an additional 29 shares during the period. Johnson Investment Counsel Inc. increased its stake in VanEck Semiconductor ETF by 3.6% during the fourth quarter. Johnson Investment Counsel Inc. now owns 844 shares of the company’s stock worth $304,000 after purchasing an additional 29 shares during the period. Arkadios Wealth Advisors increased its stake in VanEck Semiconductor ETF by 0.3% during the fourth quarter. Arkadios Wealth Advisors now owns 8,670 shares of the company’s stock worth $3,122,000 after purchasing an additional 30 shares during the period. Finally, One Capital Management LLC increased its stake in VanEck Semiconductor ETF by 0.3% during the fourth quarter. One Capital Management LLC now owns 11,036 shares of the company’s stock worth $3,974,000 after purchasing an additional 31 shares during the period.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ:SMH opened at $647.10 on Tuesday. The firm has a market capitalization of $75.19 billion, a PE ratio of 34.83 and a beta of 1.72. The firm’s 50-day moving average is $532.52 and its two-hundred day moving average is $437.60. VanEck Semiconductor ETF has a 1 year low of $257.12 and a 1 year high of $649.24.

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.