Washington Growth Strategies LLC purchased a new position in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) during the third quarter, HoldingsChannel reports. The institutional investor purchased 1,680 shares of the company’s stock, valued at approximately $1,023,000.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SMH. Renaissance Technologies LLC acquired a new position in shares of VanEck Semiconductor ETF during the 1st quarter valued at about $141,661,000. Clal Insurance Enterprises Holdings Ltd lifted its holdings in shares of VanEck Semiconductor ETF by 107.3% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 570,000 shares of the company’s stock worth $218,538,000 after acquiring an additional 295,000 shares during the period. GoalVest Advisory LLC lifted its holdings in shares of VanEck Semiconductor ETF by 290,983.3% during the 3rd quarter. GoalVest Advisory LLC now owns 174,650 shares of the company’s stock worth $106,362,000 after acquiring an additional 174,590 shares during the period. Meitav Investment House Ltd. boosted its position in shares of VanEck Semiconductor ETF by 17.3% in the first quarter. Meitav Investment House Ltd. now owns 905,426 shares of the company’s stock worth $347,140,000 after acquiring an additional 133,601 shares during the last quarter. Finally, Copley Financial Group Inc. acquired a new stake in shares of VanEck Semiconductor ETF in the second quarter worth approximately $49,407,000.
VanEck Semiconductor ETF Stock Performance
SMH opened at $548.46 on Tuesday. VanEck Semiconductor ETF has a 1 year low of $315.05 and a 1 year high of $671.83. The company’s 50 day simple moving average is $578.30 and its 200 day simple moving average is $563.25. The stock has a market capitalization of $66.96 billion, a PE ratio of 34.83 and a beta of 1.73.
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.
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