Acorn Advisory Capital L.P. Invests $977,000 in VanEck Vectors Semiconductor ETF (NYSEARCA:SMH)

Acorn Advisory Capital L.P. bought a new position in shares of VanEck Vectors Semiconductor ETF (NYSEARCA:SMH) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 8,200 shares of the company’s stock, valued at approximately $977,000. VanEck Vectors Semiconductor ETF makes up about 1.2% of Acorn Advisory Capital L.P.’s investment portfolio, making the stock its 19th largest position. Acorn Advisory Capital L.P. owned approximately 0.08% of VanEck Vectors Semiconductor ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of SMH. Meridian Wealth Management LLC acquired a new position in VanEck Vectors Semiconductor ETF in the 2nd quarter valued at about $27,000. Emerald Investment Partners LLC acquired a new position in VanEck Vectors Semiconductor ETF in the 2nd quarter valued at about $28,000. Parallel Advisors LLC acquired a new position in shares of VanEck Vectors Semiconductor ETF during the 3rd quarter valued at about $50,000. Enterprise Financial Services Corp increased its stake in shares of VanEck Vectors Semiconductor ETF by 83.3% during the 3rd quarter. Enterprise Financial Services Corp now owns 550 shares of the company’s stock valued at $66,000 after acquiring an additional 250 shares during the last quarter. Finally, Usca Ria LLC acquired a new position in shares of VanEck Vectors Semiconductor ETF during the 3rd quarter valued at about $73,000.

SMH traded up $1.90 on Wednesday, reaching $131.24. 3,234,835 shares of the company’s stock were exchanged, compared to its average volume of 5,951,464. The company’s 50 day moving average is $129.98 and its 200-day moving average is $116.82. VanEck Vectors Semiconductor ETF has a twelve month low of $80.71 and a twelve month high of $135.26.

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Institutional Ownership by Quarter for VanEck Vectors Semiconductor ETF (NYSEARCA:SMH)

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