Global Retirement Partners LLC raised its stake in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 4.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 28,869 shares of the company’s stock after buying an additional 1,119 shares during the period. Global Retirement Partners LLC’s holdings in VanEck Semiconductor ETF were worth $10,396,000 at the end of the most recent reporting period.
A number of other hedge funds also recently added to or reduced their stakes in the stock. Harel Insurance Investments & Financial Services Ltd. increased its holdings in VanEck Semiconductor ETF by 158.7% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,198,897 shares of the company’s stock valued at $431,759,000 after buying an additional 735,425 shares in the last quarter. Bank of Nova Scotia increased its holdings in VanEck Semiconductor ETF by 24,986.6% in the third quarter. Bank of Nova Scotia now owns 755,107 shares of the company’s stock valued at $246,437,000 after buying an additional 752,097 shares in the last quarter. Menora Mivtachim Holdings LTD. increased its holdings in VanEck Semiconductor ETF by 0.4% in the third quarter. Menora Mivtachim Holdings LTD. now owns 576,000 shares of the company’s stock valued at $187,983,000 after buying an additional 2,500 shares in the last quarter. Raymond James Financial Inc. increased its holdings in VanEck Semiconductor ETF by 8.3% in the second quarter. Raymond James Financial Inc. now owns 534,989 shares of the company’s stock valued at $149,198,000 after buying an additional 40,831 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in VanEck Semiconductor ETF by 8.5% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 526,529 shares of the company’s stock valued at $171,838,000 after buying an additional 41,280 shares in the last quarter.
VanEck Semiconductor ETF Trading Up 3.8%
Shares of VanEck Semiconductor ETF stock opened at $564.66 on Thursday. VanEck Semiconductor ETF has a 12-month low of $234.59 and a 12-month high of $581.17. The stock has a market cap of $65.61 billion, a PE ratio of 34.83 and a beta of 1.70. The company has a 50-day moving average of $456.60 and a two-hundred day moving average of $405.45.
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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