1,381 Shares in VanEck Semiconductor ETF $SMH Purchased by Echo45 Advisors LLC

Echo45 Advisors LLC purchased a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 1,381 shares of the company’s stock, valued at approximately $841,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Meitav Investment House Ltd. lifted its holdings 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 valued at $347,140,000 after purchasing an additional 133,601 shares in the last quarter. Focus Partners Wealth grew 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 purchasing an additional 671,673 shares during the period. Clal Insurance Enterprises Holdings Ltd increased 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 worth $218,538,000 after purchasing an additional 295,000 shares in the last quarter. Cetera Investment Advisers increased 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 worth $196,156,000 after purchasing an additional 16,810 shares in the last quarter. Finally, Renaissance Technologies LLC purchased a new stake in shares of VanEck Semiconductor ETF during the first quarter worth about $141,661,000.

VanEck Semiconductor ETF Stock Performance

Shares of SMH traded down $7.47 during mid-day trading on Wednesday, hitting $625.03. 7,100,572 shares of the company were exchanged, 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. VanEck Semiconductor ETF has a 1-year low of $315.05 and a 1-year high of $671.83. The company has a 50 day moving average of $576.15 and a 200-day moving average of $552.47.

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.