Chevy Chase Trust Holdings LLC Takes Position in VanEck Semiconductor ETF $SMH

Chevy Chase Trust Holdings LLC acquired a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,885 shares of the company’s stock, valued at approximately $526,000.

A number of other hedge funds have also recently bought and sold shares of the company. Grove Bank & Trust acquired a new position in VanEck Semiconductor ETF in the 2nd quarter valued at $25,000. Trust Co. of Toledo NA OH purchased a new stake in shares of VanEck Semiconductor ETF in the second quarter valued at $25,000. UMB Bank n.a. acquired a new position in VanEck Semiconductor ETF in the second quarter valued at $28,000. Hilltop National Bank purchased a new position in VanEck Semiconductor ETF during the second quarter worth about $28,000. Finally, Hazlett Burt & Watson Inc. boosted its stake in VanEck Semiconductor ETF by 61.1% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 116 shares of the company’s stock worth $31,000 after buying an additional 44 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

SMH opened at $345.30 on Wednesday. VanEck Semiconductor ETF has a 12 month low of $170.11 and a 12 month high of $350.05. The business has a 50-day moving average of $313.85 and a two-hundred day moving average of $272.76. The stock has a market capitalization of $33.75 billion, a price-to-earnings ratio of 34.83 and a beta of 1.35.

About VanEck Semiconductor ETF

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.