Meitav Investment House Ltd. Buys 133,601 Shares of VanEck Semiconductor ETF $SMH

Meitav Investment House Ltd. lifted its stake in VanEck Semiconductor ETF (NASDAQ:SMHFree Report) by 17.3% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 905,426 shares of the company’s stock after purchasing an additional 133,601 shares during the quarter. VanEck Semiconductor ETF comprises about 3.8% of Meitav Investment House Ltd.’s portfolio, making the stock its 5th largest holding. Meitav Investment House Ltd. owned about 0.80% of VanEck Semiconductor ETF worth $347,140,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. WealthCollab LLC purchased a new stake in VanEck Semiconductor ETF during the 4th quarter worth approximately $28,000. Investment Counsel Co. of Nevada acquired a new position in VanEck Semiconductor ETF during the 4th quarter valued at approximately $35,000. Core Wealth Advisors LLC purchased a new position in shares of VanEck Semiconductor ETF in the fourth quarter worth $36,000. Jessup Wealth Management Inc purchased a new position in shares of VanEck Semiconductor ETF in the fourth quarter worth $40,000. Finally, CENTRAL TRUST Co lifted its stake in shares of VanEck Semiconductor ETF by 66.7% during the fourth quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock worth $43,000 after buying an additional 48 shares during the period.

VanEck Semiconductor ETF Trading Down 5.2%

Shares of NASDAQ:SMH traded down $31.58 on Tuesday, hitting $572.72. 6,312,709 shares of the company were exchanged, compared to its average volume of 9,647,236. The firm has a market capitalization of $67.69 billion, a P/E ratio of 34.83 and a beta of 1.71. VanEck Semiconductor ETF has a 1-year low of $279.19 and a 1-year high of $671.83. The stock’s 50 day moving average price is $585.68 and its 200 day moving average price is $464.14.

VanEck Semiconductor ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for VanEck Semiconductor ETF (NASDAQ:SMH)

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