Parallel Advisors LLC lifted its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 6.9% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,318 shares of the company’s stock after purchasing an additional 1,058 shares during the quarter. Parallel Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $6,256,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds also recently made changes to their positions in the company. Apollon Wealth Management LLC boosted its position in VanEck Semiconductor ETF by 2.9% in the fourth quarter. Apollon Wealth Management LLC now owns 47,977 shares of the company’s stock worth $17,278,000 after purchasing an additional 1,356 shares during the last quarter. Allspring Global Investments Holdings LLC increased its position in shares of VanEck Semiconductor ETF by 128.0% during 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 during the last quarter. Migdal Insurance & Financial Holdings Ltd. lifted its stake 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 purchasing an additional 169,737 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its stake 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 purchasing an additional 11,973 shares during the period. Finally, Cane Capital Partners LLC purchased a new position in shares of VanEck Semiconductor ETF in the fourth quarter worth approximately $877,000.
VanEck Semiconductor ETF Trading Down 1.0%
Shares of NASDAQ SMH opened at $569.70 on Thursday. VanEck Semiconductor ETF has a 12-month low of $281.15 and a 12-month high of $671.83. The firm has a market capitalization of $71.58 billion, a price-to-earnings ratio of 34.83 and a beta of 1.73. The firm has a 50 day moving average of $596.38 and a 200 day moving average of $496.58.
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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