VanEck Semiconductor ETF (NASDAQ:SMH) Shares Acquired by Tennessee Valley Asset Management Partners

Tennessee Valley Asset Management Partners grew its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 38.4% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,470 shares of the company’s stock after acquiring an additional 408 shares during the period. Tennessee Valley Asset Management Partners’ holdings in VanEck Semiconductor ETF were worth $311,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of SMH. LMR Partners LLP raised its position in shares of 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. purchased a new stake in VanEck Semiconductor ETF during the 4th quarter valued at about $144,385,000. CMT Capital Markets Trading GmbH grew its stake in 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 in the last quarter. D. E. Shaw & Co. Inc. purchased a new stake in VanEck Semiconductor ETF during the 4th quarter valued at about $121,329,000. Finally, Menora Mivtachim Holdings LTD. grew its stake in 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 in the last quarter.

VanEck Semiconductor ETF Trading Up 2.5%

Shares of NASDAQ SMH opened at $263.38 on Tuesday. VanEck Semiconductor ETF has a 12-month low of $170.11 and a 12-month high of $283.07. The stock has a market cap of $23.86 billion, a PE ratio of 30.48 and a beta of 1.35. The company has a 50-day moving average of $228.41 and a 200 day moving average of $234.90.

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.