Runnymede Capital Advisors Inc. Buys New Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Runnymede Capital Advisors Inc. bought a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 4,143 shares of the company’s stock, valued at approximately $1,003,000. VanEck Semiconductor ETF accounts for approximately 0.9% of Runnymede Capital Advisors Inc.’s investment portfolio, making the stock its 23rd biggest holding.

Other institutional investors and hedge funds also recently made changes to their positions in the company. FMR LLC boosted its position in shares of VanEck Semiconductor ETF by 7.2% during the 3rd quarter. FMR LLC now owns 19,264 shares of the company’s stock valued at $4,728,000 after purchasing an additional 1,297 shares in the last quarter. Savant Capital LLC bought a new stake in shares of VanEck Semiconductor ETF during the 4th quarter valued at about $403,000. JPMorgan Chase & Co. boosted its position in shares of VanEck Semiconductor ETF by 48.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock valued at $319,983,000 after purchasing an additional 424,042 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of VanEck Semiconductor ETF by 180.0% during the 4th quarter. GAMMA Investing LLC now owns 350 shares of the company’s stock valued at $85,000 after purchasing an additional 225 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of VanEck Semiconductor ETF by 31.5% during the 4th quarter. Bank of New York Mellon Corp now owns 25,916 shares of the company’s stock valued at $6,276,000 after purchasing an additional 6,215 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of VanEck Semiconductor ETF stock opened at $224.77 on Friday. VanEck Semiconductor ETF has a one year low of $198.44 and a one year high of $283.07. The stock’s 50-day moving average is $241.16 and its 200 day moving average is $243.87. The firm has a market cap of $21.28 billion, a price-to-earnings 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.