Thrivent Financial for Lutherans Has $40.66 Million Stock Position in VanEck Semiconductor ETF $SMH

Thrivent Financial for Lutherans increased its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 280.3% in the 4th quarter, HoldingsChannel reports. The firm owned 112,899 shares of the company’s stock after acquiring an additional 83,213 shares during the period. Thrivent Financial for Lutherans’ holdings in VanEck Semiconductor ETF were worth $40,663,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in SMH. AQR Capital Management LLC grew its stake in VanEck Semiconductor ETF by 4.8% during the first quarter. AQR Capital Management LLC now owns 2,381 shares of the company’s stock worth $504,000 after purchasing an additional 109 shares during the period. Empowered Funds LLC grew its stake in VanEck Semiconductor ETF by 32.5% during the first quarter. Empowered Funds LLC now owns 11,789 shares of the company’s stock worth $2,493,000 after purchasing an additional 2,890 shares during the period. EverSource Wealth Advisors LLC grew its stake in VanEck Semiconductor ETF by 28.6% during the second quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock worth $133,000 after purchasing an additional 106 shares during the period. First Trust Advisors LP acquired a new stake in VanEck Semiconductor ETF during the second quarter worth approximately $370,000. Finally, Gamco Investors INC. ET AL acquired a new stake in VanEck Semiconductor ETF during the second quarter worth approximately $1,116,000.

VanEck Semiconductor ETF Price Performance

NASDAQ SMH opened at $556.34 on Friday. The business has a 50 day simple moving average of $446.91 and a 200 day simple moving average of $401.22. VanEck Semiconductor ETF has a one year low of $234.59 and a one year high of $581.17. The stock has a market capitalization of $64.64 billion, a P/E ratio of 34.83 and a beta of 1.70.

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.