Joel Isaacson & Co. LLC purchased a new stake in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 6,770 shares of the company’s stock, valued at approximately $4,123,000.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SMH. Renaissance Technologies LLC bought a new stake in shares of VanEck Semiconductor ETF in the first quarter valued at about $141,661,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of VanEck Semiconductor ETF in the third quarter valued at about $183,763,000. Clal Insurance Enterprises Holdings Ltd raised its stake in VanEck Semiconductor ETF by 107.3% in the 1st 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. Commonwealth Equity Services LLC acquired a new stake in VanEck Semiconductor ETF in the 3rd quarter worth about $120,762,000. Finally, GoalVest Advisory LLC boosted its holdings in VanEck Semiconductor ETF by 290,983.3% in 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 period.
VanEck Semiconductor ETF Stock Up 4.8%
NASDAQ SMH opened at $506.96 on Thursday. The firm has a 50-day moving average price of $562.06 and a two-hundred day moving average price of $521.92. VanEck Semiconductor ETF has a 12-month low of $315.05 and a 12-month high of $671.83. The company has a market capitalization of $65.16 billion, a P/E ratio of 24.39 and a beta of 1.78.
VanEck Semiconductor ETF Company 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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