Runnymede Capital Advisors Inc. Makes New $1 Million Investment in VanEck Semiconductor ETF (NASDAQ:SMH)

Runnymede Capital Advisors Inc. bought a new position in VanEck Semiconductor ETF (NASDAQ:SMH) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 4,143 shares of the company’s stock, valued at approximately $1,003,000. VanEck Semiconductor ETF makes up about 0.9% of Runnymede Capital Advisors Inc.’s investment portfolio, making the stock its 23rd largest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. increased its holdings in VanEck Semiconductor ETF by 48.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock worth $319,983,000 after purchasing an additional 424,042 shares in the last quarter. Main Management ETF Advisors LLC grew its position in shares of VanEck Semiconductor ETF by 36.7% in the 3rd quarter. Main Management ETF Advisors LLC now owns 942,820 shares of the company’s stock valued at $231,415,000 after buying an additional 253,300 shares during the last quarter. Meitav Investment House Ltd. grew its position in shares of VanEck Semiconductor ETF by 4.1% in the 4th quarter. Meitav Investment House Ltd. now owns 624,975 shares of the company’s stock valued at $151,269,000 after buying an additional 24,516 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of VanEck Semiconductor ETF in the 4th quarter valued at about $144,385,000. Finally, Harel Insurance Investments & Financial Services Ltd. grew its position in shares of VanEck Semiconductor ETF by 144.3% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 343,206 shares of the company’s stock valued at $83,114,000 after buying an additional 202,744 shares during the last quarter.

VanEck Semiconductor ETF Trading Down 1.0 %

NASDAQ SMH opened at $224.77 on Friday. The business’s 50-day moving average price is $241.16 and its two-hundred day moving average price is $243.87. VanEck Semiconductor ETF has a 12 month low of $198.44 and a 12 month high of $283.07. The firm has a market capitalization of $21.28 billion, a PE ratio of 31.46 and a beta of 1.35.

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.