Weaver Consulting Group Buys Shares of 845 VanEck Semiconductor ETF $SMH

Weaver Consulting Group purchased a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 845 shares of the company’s stock, valued at approximately $236,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SMH. Goldman Sachs Group Inc. grew its stake in VanEck Semiconductor ETF by 46.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,873,885 shares of the company’s stock worth $607,740,000 after buying an additional 907,073 shares during the last quarter. Menora Mivtachim Holdings LTD. boosted its holdings 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 acquiring an additional 161,350 shares in the last quarter. Meitav Investment House Ltd. grew its stake in shares of VanEck Semiconductor ETF by 26.0% during the second 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. Migdal Insurance & Financial Holdings Ltd. grew its holdings 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 buying an additional 452,986 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in VanEck Semiconductor ETF by 24.3% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 447,294 shares of the company’s stock worth $94,589,000 after buying an additional 87,395 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

NASDAQ:SMH opened at $347.04 on Thursday. The company’s fifty day moving average price is $338.31 and its 200-day moving average price is $295.55. VanEck Semiconductor ETF has a 1-year low of $170.11 and a 1-year high of $372.78. The firm has a market capitalization of $34.84 billion, a P/E ratio of 34.83 and a beta of 1.52.

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.