Harel Insurance Investments & Financial Services Ltd. Raises Stock Position in VanEck Semiconductor ETF $SMH

Harel Insurance Investments & Financial Services Ltd. lifted its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 7.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 380,768 shares of the company’s stock after acquiring an additional 24,751 shares during the quarter. VanEck Semiconductor ETF accounts for about 1.2% of Harel Insurance Investments & Financial Services Ltd.’s holdings, making the stock its 24th biggest position. Harel Insurance Investments & Financial Services Ltd. owned about 0.41% of VanEck Semiconductor ETF worth $106,189,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Roble Belko & Company Inc purchased a new position in VanEck Semiconductor ETF in the 2nd quarter valued at approximately $72,000. Creative Financial Designs Inc. ADV boosted its position in VanEck Semiconductor ETF by 488.1% during the second quarter. Creative Financial Designs Inc. ADV now owns 10,692 shares of the company’s stock worth $2,982,000 after purchasing an additional 8,874 shares in the last quarter. Kovack Advisors Inc. grew its holdings in VanEck Semiconductor ETF by 89.6% in the second quarter. Kovack Advisors Inc. now owns 4,593 shares of the company’s stock valued at $1,281,000 after purchasing an additional 2,171 shares during the last quarter. IFG Advisory LLC grew its holdings in VanEck Semiconductor ETF by 17.9% in the second quarter. IFG Advisory LLC now owns 3,389 shares of the company’s stock valued at $945,000 after purchasing an additional 514 shares during the last quarter. Finally, Atria Investments Inc increased its position in shares of VanEck Semiconductor ETF by 9.8% in the second quarter. Atria Investments Inc now owns 21,156 shares of the company’s stock valued at $5,900,000 after buying an additional 1,896 shares in the last quarter.

VanEck Semiconductor ETF Stock Down 0.2%

NASDAQ:SMH opened at $363.02 on Friday. VanEck Semiconductor ETF has a 52-week low of $170.11 and a 52-week high of $372.78. The stock has a fifty day simple moving average of $323.77 and a 200-day simple moving average of $282.25. The company has a market capitalization of $36.50 billion, a PE ratio of 34.83 and a beta of 1.52.

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.