Simplex Trading LLC bought a new stake in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) in the fourth quarter, Holdings Channel reports. The institutional investor bought 77,626 shares of the company’s stock, valued at approximately $27,955,000.
A number of other large investors have also modified their holdings of the company. Harel Insurance Investments & Financial Services Ltd. raised its stake in shares of 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 purchasing an additional 735,425 shares in the last quarter. Bank of Nova Scotia raised its stake in shares of 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 purchasing an additional 752,097 shares in the last quarter. Menora Mivtachim Holdings LTD. raised its stake in shares of 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 purchasing an additional 2,500 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in VanEck Semiconductor ETF by 4.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 548,017 shares of the company’s stock valued at $197,357,000 after acquiring an additional 21,488 shares during the period. Finally, Raymond James Financial Inc. grew its position 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 acquiring an additional 40,831 shares during the period.
Key Stories Impacting VanEck Semiconductor ETF
Here are the key news stories impacting VanEck Semiconductor ETF this week:
- Positive Sentiment: Chip stocks are showing signs of a rebound, with traders placing selective bullish bets on semiconductor winners and some market commentary arguing the dip in AI and chip ETFs could be a buying opportunity. Tech Bulls Prevail on Wall Street Pre-Bell; Asia, Europe Up
- Positive Sentiment: Longer-term demand for semiconductors remains a support for SMH, with analysts highlighting strong AI and chip-sector growth trends even after the recent pullback. The Zacks Analyst Blog Highlights SMH, QQQ, SPY, AIQ, EWY, SPY, NVIDIA and Microsoft
- Neutral Sentiment: Short-interest data for SMH showed no meaningful change, so it does not appear to be a significant driver of the ETF’s recent move.
- Negative Sentiment: U.S. lawmakers are pushing for tighter restrictions on contract chipmakers serving Chinese firms, which could weigh on semiconductor supply chains and sentiment toward major chip manufacturers held by SMH. US lawmakers urge tighter rules on contract chipmakers supplying Chinese firms’ overseas units
- Negative Sentiment: Reuters also reported the U.S. added major Chinese solar and battery firms to a military-linked list, reinforcing broader U.S.-China tension that can spill over into technology and semiconductor sentiment. US adds Chinese solar, battery firms to list of military-linked companies
VanEck Semiconductor ETF Price Performance
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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