Nan Shan Life Insurance Co. Ltd. increased its holdings in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 70.1% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 61,879 shares of the company’s stock after buying an additional 25,492 shares during the period. Nan Shan Life Insurance Co. Ltd.’s holdings in VanEck Semiconductor ETF were worth $40,586,000 as of its most recent filing with the SEC.
A number of other institutional investors have also modified their holdings of SMH. Peak Planning Group LLC acquired a new position in shares of VanEck Semiconductor ETF in the 4th quarter worth approximately $3,007,000. WealthBridge Capital Management LLC acquired a new stake in shares of VanEck Semiconductor ETF during the 1st quarter valued at $1,393,000. Kane Investment Management Inc. boosted its stake in shares of VanEck Semiconductor ETF by 66.7% during the 4th quarter. Kane Investment Management Inc. now owns 2,689 shares of the company’s stock worth $968,000 after acquiring an additional 1,076 shares in the last quarter. Osbon Capital Management LLC acquired a new position in shares of VanEck Semiconductor ETF in the 4th quarter worth $1,962,000. Finally, Petredis Investment Advisors LLC grew its holdings in shares of VanEck Semiconductor ETF by 2.6% in the 1st quarter. Petredis Investment Advisors LLC now owns 46,188 shares of the company’s stock worth $17,708,000 after acquiring an additional 1,161 shares during the last quarter.
VanEck Semiconductor ETF Stock Down 2.0%
Shares of VanEck Semiconductor ETF stock opened at $545.22 on Wednesday. VanEck Semiconductor ETF has a 12-month low of $281.74 and a 12-month high of $671.83. The firm has a market capitalization of $68.50 billion, a PE ratio of 34.83 and a beta of 1.73. The stock’s fifty day moving average is $577.50 and its 200-day moving average is $518.80.
About VanEck Semiconductor ETF
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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