StoneX Group Inc. bought a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 9,409 shares of the company’s stock, valued at approximately $5,703,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of SMH. Clal Insurance Enterprises Holdings Ltd lifted its holdings in shares of VanEck Semiconductor ETF by 107.3% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 570,000 shares of the company’s stock worth $218,538,000 after buying an additional 295,000 shares in the last quarter. Cetera Investment Advisers grew its stake in VanEck Semiconductor ETF by 3.4% during the first quarter. Cetera Investment Advisers now owns 511,623 shares of the company’s stock valued at $196,156,000 after acquiring an additional 16,810 shares in the last quarter. Renaissance Technologies LLC purchased a new position in VanEck Semiconductor ETF during the first quarter valued at approximately $141,661,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in VanEck Semiconductor ETF during the third quarter valued at approximately $183,763,000. Finally, Commonwealth Equity Services LLC bought a new stake in VanEck Semiconductor ETF during the 3rd quarter worth approximately $120,762,000.
VanEck Semiconductor ETF Price Performance
SMH opened at $463.96 on Friday. The company has a fifty day moving average price of $565.60 and a 200-day moving average price of $520.56. The firm has a market capitalization of $58.92 billion, a P/E ratio of 34.83 and a beta of 1.78. VanEck Semiconductor ETF has a one year low of $315.05 and a one year high of $671.83.
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.
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