VanEck Semiconductor ETF $SMH Stock Holdings Boosted by Cornerstone Enterprises LLC

Cornerstone Enterprises LLC grew its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 102.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,628 shares of the company’s stock after acquiring an additional 9,409 shares during the period. VanEck Semiconductor ETF comprises 6.9% of Cornerstone Enterprises LLC’s portfolio, making the stock its 4th largest position. Cornerstone Enterprises LLC’s holdings in VanEck Semiconductor ETF were worth $11,344,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Renaissance Technologies LLC bought a new stake in shares of VanEck Semiconductor ETF in the first quarter worth about $141,661,000. Clal Insurance Enterprises Holdings Ltd raised its position in VanEck Semiconductor ETF by 107.3% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 570,000 shares of the company’s stock valued at $218,538,000 after purchasing an additional 295,000 shares during the last quarter. GoalVest Advisory LLC raised its position in VanEck Semiconductor ETF by 290,983.3% during the 3rd quarter. GoalVest Advisory LLC now owns 174,650 shares of the company’s stock valued at $106,362,000 after purchasing an additional 174,590 shares during the last quarter. Meitav Investment House Ltd. lifted its holdings in VanEck Semiconductor ETF by 17.3% in the 1st quarter. Meitav Investment House Ltd. now owns 905,426 shares of the company’s stock worth $347,140,000 after buying an additional 133,601 shares during the period. Finally, Copley Financial Group Inc. purchased a new stake in VanEck Semiconductor ETF in the 2nd quarter worth approximately $49,407,000.

VanEck Semiconductor ETF Stock Performance

NASDAQ SMH opened at $558.84 on Friday. The stock has a market cap of $67.33 billion, a P/E ratio of 34.83 and a beta of 1.73. VanEck Semiconductor ETF has a fifty-two week low of $315.05 and a fifty-two week high of $671.83. The stock has a 50 day simple moving average of $579.57 and a two-hundred day simple moving average of $560.84.

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.