Phoenix Financial Ltd. grew its stake in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 273.2% during the second quarter, HoldingsChannel.com reports. The firm owned 135,801 shares of the company’s stock after purchasing an additional 99,409 shares during the period. Phoenix Financial Ltd.’s holdings in VanEck Semiconductor ETF were worth $37,872,000 as of its most recent SEC filing.
A number of other hedge funds have also bought and sold shares of the company. Goldman Sachs Group Inc. raised its stake in VanEck Semiconductor ETF by 46.1% during the first quarter. Goldman Sachs Group Inc. now owns 2,873,885 shares of the company’s stock valued at $607,740,000 after buying an additional 907,073 shares in the last quarter. Menora Mivtachim Holdings LTD. grew its position in shares of VanEck Semiconductor ETF by 48.1% in the 1st quarter. Menora Mivtachim Holdings LTD. now owns 496,500 shares of the company’s stock worth $104,995,000 after acquiring an additional 161,350 shares in the last quarter. Meitav Investment House Ltd. increased its holdings in shares of VanEck Semiconductor ETF by 26.0% in the 2nd quarter. Meitav Investment House Ltd. now owns 475,332 shares of the company’s stock valued at $132,605,000 after acquiring an additional 97,941 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of VanEck Semiconductor ETF by 24.3% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 447,294 shares of the company’s stock valued at $94,589,000 after acquiring an additional 87,395 shares in the last quarter. Finally, Cetera Investment Advisers raised its position in shares of VanEck Semiconductor ETF by 4.8% during the 1st quarter. Cetera Investment Advisers now owns 389,916 shares of the company’s stock valued at $82,455,000 after acquiring an additional 17,940 shares in the last quarter.
VanEck Semiconductor ETF Price Performance
Shares of SMH opened at $347.22 on Tuesday. The stock has a market capitalization of $33.94 billion, a PE ratio of 34.83 and a beta of 1.35. The business’s fifty day moving average price is $312.94 and its 200 day moving average price is $272.25. VanEck Semiconductor ETF has a 12-month low of $170.11 and a 12-month high of $350.05.
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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