VanEck Semiconductor ETF $SMH Shares Bought by Summit X LLC

Summit X LLC grew its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 184.8% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 4,332 shares of the company’s stock after buying an additional 2,811 shares during the period. Summit X LLC’s holdings in VanEck Semiconductor ETF were worth $1,208,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Goldman Sachs Group Inc. lifted its position in 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 buying an additional 907,073 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. increased its position in shares of VanEck Semiconductor ETF by 3,235,614.3% during the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 453,000 shares of the company’s stock valued at $126,333,000 after acquiring an additional 452,986 shares during the last quarter. Menora Mivtachim Holdings LTD. increased its position in shares of VanEck Semiconductor ETF by 48.1% during the first quarter. Menora Mivtachim Holdings LTD. now owns 496,500 shares of the company’s stock valued at $104,995,000 after acquiring an additional 161,350 shares during the last quarter. Phoenix Financial Ltd. raised its stake in shares of VanEck Semiconductor ETF by 273.2% in the 2nd quarter. Phoenix Financial Ltd. now owns 135,801 shares of the company’s stock valued at $37,872,000 after acquiring an additional 99,409 shares during the period. Finally, Meitav Investment House Ltd. lifted its holdings in shares of VanEck Semiconductor ETF by 26.0% in the 2nd quarter. Meitav Investment House Ltd. now owns 475,332 shares of the company’s stock worth $132,605,000 after acquiring an additional 97,941 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

VanEck Semiconductor ETF stock opened at $348.12 on Friday. The company has a market capitalization of $34.95 billion, a PE ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a fifty-two week low of $170.11 and a fifty-two week high of $372.78. The firm has a 50 day moving average price of $329.78 and a 200 day moving average price of $287.97.

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.