VanEck Semiconductor ETF (NASDAQ:SMH) Shares Bought by Riggs Asset Managment Co. Inc.

Riggs Asset Managment Co. Inc. grew its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 2.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,805 shares of the company’s stock after purchasing an additional 67 shares during the quarter. Riggs Asset Managment Co. Inc.’s holdings in VanEck Semiconductor ETF were worth $593,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SMH. LMR Partners LLP boosted its stake in VanEck Semiconductor ETF by 100.1% during the 4th quarter. LMR Partners LLP now owns 1,474 shares of the company’s stock worth $357,000 after purchasing an additional 1,381,969 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in VanEck Semiconductor ETF during the 4th quarter worth $144,385,000. CMT Capital Markets Trading GmbH boosted its position in shares of VanEck Semiconductor ETF by 101.1% during the 4th quarter. CMT Capital Markets Trading GmbH now owns 6,049 shares of the company’s stock valued at $1,466,000 after acquiring an additional 537,538 shares during the last quarter. D. E. Shaw & Co. Inc. acquired a new position in shares of VanEck Semiconductor ETF during the 4th quarter valued at about $121,329,000. Finally, Menora Mivtachim Holdings LTD. boosted its position in shares of VanEck Semiconductor ETF by 3,218.3% during the 4th quarter. Menora Mivtachim Holdings LTD. now owns 335,150 shares of the company’s stock valued at $81,163,000 after acquiring an additional 325,050 shares during the last quarter.

VanEck Semiconductor ETF Trading Up 0.9%

Shares of SMH stock opened at $283.91 on Friday. The company’s 50-day moving average price is $248.65 and its 200-day moving average price is $237.43. The stock has a market cap of $26.83 billion, a price-to-earnings ratio of 34.83 and a beta of 1.35. VanEck Semiconductor ETF has a twelve month low of $170.11 and a twelve month high of $285.19.

VanEck Semiconductor ETF Company 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.