High Falls Advisors Inc Makes New $204,000 Investment in VanEck Semiconductor ETF (NASDAQ:SMH)

High Falls Advisors Inc acquired a new position in VanEck Semiconductor ETF (NASDAQ:SMH) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 907 shares of the company’s stock, valued at approximately $204,000.

A number of other hedge funds also recently modified their holdings of the company. Silicon Valley Capital Partners bought a new position in shares of VanEck Semiconductor ETF during the 1st quarter worth approximately $25,000. Macroview Investment Management LLC lifted its position in shares of VanEck Semiconductor ETF by 245.2% during the 4th quarter. Macroview Investment Management LLC now owns 145 shares of the company’s stock worth $25,000 after buying an additional 103 shares during the period. Creekmur Asset Management LLC bought a new position in shares of VanEck Semiconductor ETF during the 4th quarter worth approximately $30,000. Eagle Bay Advisors LLC bought a new position in shares of VanEck Semiconductor ETF during the 1st quarter worth approximately $44,000. Finally, FinTrust Capital Advisors LLC lifted its position in shares of VanEck Semiconductor ETF by 31.8% during the 4th quarter. FinTrust Capital Advisors LLC now owns 232 shares of the company’s stock worth $41,000 after buying an additional 56 shares during the period.

VanEck Semiconductor ETF Price Performance

Shares of VanEck Semiconductor ETF stock traded down $9.13 during midday trading on Tuesday, hitting $229.47. 12,908,381 shares of the company were exchanged, compared to its average volume of 8,278,465. The firm has a market cap of $20.31 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 52 week low of $136.10 and a 52 week high of $283.07. The firm has a 50 day simple moving average of $257.38 and a 200-day simple moving average of $227.76.

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.