Cwm LLC Acquires 423 Shares of VanEck Semiconductor ETF $SMH

Cwm LLC grew its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 4.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,720 shares of the company’s stock after acquiring an additional 423 shares during the quarter. Cwm LLC’s holdings in VanEck Semiconductor ETF were worth $2,711,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Goldman Sachs Group Inc. boosted its position in shares of VanEck Semiconductor ETF by 46.1% in the first quarter. Goldman Sachs Group Inc. now owns 2,873,885 shares of the company’s stock valued at $607,740,000 after acquiring an additional 907,073 shares during the period. Menora Mivtachim Holdings LTD. lifted its position in VanEck Semiconductor ETF by 48.1% in the first quarter. Menora Mivtachim Holdings LTD. now owns 496,500 shares of the company’s stock worth $104,995,000 after purchasing an additional 161,350 shares during the period. Meitav Investment House Ltd. lifted its position in VanEck Semiconductor ETF by 26.0% in the second quarter. Meitav Investment House Ltd. now owns 475,332 shares of the company’s stock worth $132,605,000 after purchasing an additional 97,941 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in VanEck Semiconductor ETF by 24.3% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 447,294 shares of the company’s stock worth $94,589,000 after purchasing an additional 87,395 shares during the period. Finally, Cetera Investment Advisers lifted its position in VanEck Semiconductor ETF by 4.8% in the first quarter. Cetera Investment Advisers now owns 389,916 shares of the company’s stock worth $82,455,000 after purchasing an additional 17,940 shares during the period.

VanEck Semiconductor ETF Price Performance

Shares of SMH stock opened at $342.83 on Friday. The stock has a market cap of $33.59 billion, a P/E ratio of 34.83 and a beta of 1.35. VanEck Semiconductor ETF has a one year low of $170.11 and a one year high of $348.53. The stock has a fifty day moving average price of $311.87 and a 200 day moving average price of $270.56.

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.