Cane Capital Partners LLC Makes New Investment in VanEck Semiconductor ETF $SMH

Cane Capital Partners LLC acquired a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 2,436 shares of the company’s stock, valued at approximately $877,000.

Other hedge funds have also recently bought and sold shares of the company. Bank of Nova Scotia lifted its position in shares of VanEck Semiconductor ETF by 24,986.6% during the third quarter. Bank of Nova Scotia now owns 755,107 shares of the company’s stock worth $246,437,000 after acquiring an additional 752,097 shares in the last quarter. Capital Markets Trading UK LLP lifted its position in shares of VanEck Semiconductor ETF by 100.7% during the third quarter. Capital Markets Trading UK LLP now owns 4,319 shares of the company’s stock worth $1,410,000 after acquiring an additional 617,050 shares in the last quarter. Schonfeld Strategic Advisors LLC lifted its position in shares of VanEck Semiconductor ETF by 104.6% during the third quarter. Schonfeld Strategic Advisors LLC now owns 10,908 shares of the company’s stock worth $3,560,000 after acquiring an additional 247,500 shares in the last quarter. Quadrature Capital Ltd lifted its position in shares of VanEck Semiconductor ETF by 3,365.8% during the third quarter. Quadrature Capital Ltd now owns 179,946 shares of the company’s stock worth $58,725,000 after acquiring an additional 174,754 shares in the last quarter. Finally, Soros Capital Management LLC purchased a new stake in shares of VanEck Semiconductor ETF during the second quarter worth $31,541,000.

VanEck Semiconductor ETF Price Performance

NASDAQ:SMH opened at $399.90 on Wednesday. The company has a market cap of $42.69 billion, a P/E ratio of 34.83 and a beta of 1.52. The stock’s fifty day moving average price is $398.82 and its two-hundred day moving average price is $371.73. VanEck Semiconductor ETF has a 1 year low of $176.05 and a 1 year high of $427.94.

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.