Rhodes Investment Advisors Inc. ADV acquired a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 1,148 shares of the company’s stock, valued at approximately $699,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Meitav Investment House Ltd. increased its position in VanEck Semiconductor ETF by 17.3% during the first quarter. Meitav Investment House Ltd. now owns 905,426 shares of the company’s stock worth $347,140,000 after buying an additional 133,601 shares in the last quarter. Focus Partners Wealth lifted its position in shares of VanEck Semiconductor ETF by 906.5% in the fourth quarter. Focus Partners Wealth now owns 745,768 shares of the company’s stock valued at $268,562,000 after acquiring an additional 671,673 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its stake in shares of VanEck Semiconductor ETF by 107.3% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 570,000 shares of the company’s stock valued at $218,538,000 after acquiring an additional 295,000 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of VanEck Semiconductor ETF by 3.4% during the first quarter. Cetera Investment Advisers now owns 511,623 shares of the company’s stock valued at $196,156,000 after acquiring an additional 16,810 shares during the last quarter. Finally, Renaissance Technologies LLC purchased a new stake in VanEck Semiconductor ETF during the 1st quarter worth about $141,661,000.
VanEck Semiconductor ETF Stock Performance
SMH stock traded down $7.47 during trading on Wednesday, hitting $625.03. The stock had a trading volume of 7,100,572 shares, compared to its average volume of 9,273,646. The stock has a market cap of $76.62 billion, a price-to-earnings ratio of 34.83 and a beta of 1.73. The company’s 50 day moving average price is $576.15 and its two-hundred day moving average price is $552.47. VanEck Semiconductor ETF has a 1-year low of $315.05 and a 1-year high of $671.83.
VanEck Semiconductor ETF 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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