Fortis Capital Management LLC grew its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 148.7% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 5,652 shares of the company’s stock after buying an additional 3,379 shares during the period. Fortis Capital Management LLC’s holdings in VanEck Semiconductor ETF were worth $2,167,000 at the end of the most recent reporting period.
A number of other hedge funds also recently made changes to their positions in SMH. Flagstar Advisors Inc. grew its position in VanEck Semiconductor ETF by 68.2% during the fourth quarter. Flagstar Advisors Inc. now owns 5,910 shares of the company’s stock valued at $2,128,000 after acquiring an additional 2,396 shares during the last quarter. Apollon Wealth Management LLC raised its stake in shares of VanEck Semiconductor ETF by 2.9% during the fourth quarter. Apollon Wealth Management LLC now owns 47,977 shares of the company’s stock worth $17,278,000 after acquiring an additional 1,356 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in shares of VanEck Semiconductor ETF by 72.6% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 403,452 shares of the company’s stock worth $145,296,000 after acquiring an additional 169,737 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of VanEck Semiconductor ETF by 58.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 32,481 shares of the company’s stock worth $11,697,000 after acquiring an additional 11,973 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its stake in shares of VanEck Semiconductor ETF by 128.0% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 8,510 shares of the company’s stock valued at $3,177,000 after purchasing an additional 4,778 shares in the last quarter.
Key Headlines Impacting VanEck Semiconductor ETF
Here are the key news stories impacting VanEck Semiconductor ETF this week:
- Positive Sentiment: Chip stocks led a Wall Street rally, lifting the Nasdaq, Dow and S&P 500 as earnings season momentum and renewed risk appetite supported semiconductor names. Nasdaq, Dow and S&P 500 Jumps as Chip Stocks Power Wall Street Higher
- Positive Sentiment: Tech stocks rebounded in Asia, Europe and U.S. futures trading, suggesting investors were buying back into semiconductors after recent volatility. Stocks rise despite climbing oil prices
- Positive Sentiment: Analysts and market coverage framed the recent AI chip selloff as a possible buying opportunity, with strong earnings and AI demand still seen as supportive for semiconductor ETFs like SMH. AI-Driven Chip Rally Hits a Speed Bump: Buy the Dip in ETFs?
- Neutral Sentiment: Wall Street futures pointed higher ahead of the open as traders continued favoring technology exposure, providing a supportive backdrop for semiconductor funds. Tech Rebound Boosts Wall Street Pre-Bell; Asia, Europe Up
- Neutral Sentiment: Investors are watching upcoming mega-cap earnings, geopolitics and supply-chain headlines closely, which could keep chip stocks volatile in the near term. US Equity Investors to Focus on Q2 Earnings, Iran War, Composite PMIs This Week as Chipmakers Hover Near Bear Market
- Negative Sentiment: Reports that China may tighten export controls on AI models and semiconductor technologies could pressure chip supply chains and sentiment for semiconductor ETFs. China considers tighter export controls on AI models and chips, FT reports
- Negative Sentiment: Broader risk from the U.S.-Iran conflict and higher oil prices has kept markets uneasy, which can weigh on high-beta tech shares if volatility returns. S&P 500, Dow End Lower As Oil Prices Rise Amid US-Iran Crisis — PSKY, GOOGL, IREN, AMD, NVDA, AVGO In Focus
VanEck Semiconductor ETF Stock Performance
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.
Featured Stories
- Five stocks we like better than VanEck Semiconductor ETF
- Confidence Is Back, But Earnings Show the Consumer Is Being Picky
- AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off
- 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative?
- 3 Photonics Companies Making Quantum Tech Possible
Want to see what other hedge funds are holding SMH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Semiconductor ETF (NASDAQ:SMH – Free Report).
Receive News & Ratings for VanEck Semiconductor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Semiconductor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
