Acorn Creek Capital LLC Has $1.35 Million Stock Holdings in VanEck Semiconductor ETF $SMH

Acorn Creek Capital LLC cut its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 4.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,851 shares of the company’s stock after selling 218 shares during the quarter. VanEck Semiconductor ETF comprises approximately 0.6% of Acorn Creek Capital LLC’s holdings, making the stock its 18th largest position. Acorn Creek Capital LLC’s holdings in VanEck Semiconductor ETF were worth $1,353,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in SMH. Goldman Sachs Group Inc. lifted its stake in VanEck Semiconductor ETF by 46.1% in the first quarter. Goldman Sachs Group Inc. now owns 2,873,885 shares of the company’s stock valued at $607,740,000 after acquiring an additional 907,073 shares during the last quarter. Menora Mivtachim Holdings LTD. lifted its stake in VanEck Semiconductor ETF by 48.1% in the first quarter. Menora Mivtachim Holdings LTD. now owns 496,500 shares of the company’s stock valued at $104,995,000 after acquiring an additional 161,350 shares during the last quarter. Meitav Investment House Ltd. lifted its stake in VanEck Semiconductor ETF by 26.0% in the second 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. lifted its stake in VanEck Semiconductor ETF by 24.3% in the first 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 during the last quarter. Finally, Jump Financial LLC raised its position in shares of VanEck Semiconductor ETF by 160.7% in the first quarter. Jump Financial LLC now owns 116,164 shares of the company’s stock valued at $24,565,000 after purchasing an additional 71,610 shares during the period.

VanEck Semiconductor ETF Stock Down 5.8%

NASDAQ:SMH opened at $325.34 on Friday. VanEck Semiconductor ETF has a 12 month low of $170.11 and a 12 month high of $348.53. The firm has a market cap of $32.25 billion, a price-to-earnings ratio of 34.83 and a beta of 1.35. The company’s 50 day moving average is $306.82 and its 200-day moving average is $266.16.

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.