Park Avenue Securities LLC Acquires 78,659 Shares of VanEck Semiconductor ETF $SMH

Park Avenue Securities LLC acquired a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the 3rd quarter, Holdings Channel reports. The fund acquired 78,659 shares of the company’s stock, valued at approximately $47,903,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Meitav Investment House Ltd. lifted its position in VanEck Semiconductor ETF by 17.3% during the first 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. Clal Insurance Enterprises Holdings Ltd increased its stake in shares of 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 acquiring an additional 295,000 shares during the last quarter. Cetera Investment Advisers lifted its holdings in shares of VanEck Semiconductor ETF by 3.4% during the 1st quarter. Cetera Investment Advisers now owns 511,623 shares of the company’s stock worth $196,156,000 after acquiring an additional 16,810 shares during the period. Renaissance Technologies LLC purchased a new position in shares of VanEck Semiconductor ETF during the 1st quarter worth about $141,661,000. Finally, GoalVest Advisory LLC lifted its holdings in shares of VanEck Semiconductor ETF by 290,983.3% during the 3rd quarter. GoalVest Advisory LLC now owns 174,650 shares of the company’s stock worth $106,362,000 after acquiring an additional 174,590 shares during the period.

VanEck Semiconductor ETF Stock Performance

SMH opened at $541.62 on Tuesday. The company’s 50 day simple moving average is $575.09 and its 200 day simple moving average is $514.09. VanEck Semiconductor ETF has a 1 year low of $315.05 and a 1 year high of $671.83. The stock has a market capitalization of $67.51 billion, a PE ratio of 34.83 and a beta of 1.73.

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.