VanEck Semiconductor ETF (NASDAQ:SMH) Shares Acquired by Smith Moore & CO.

Smith Moore & CO. boosted its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 17.1% in the 4th quarter, HoldingsChannel reports. The firm owned 3,293 shares of the company’s stock after purchasing an additional 481 shares during the period. Smith Moore & CO.’s holdings in VanEck Semiconductor ETF were worth $797,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new position in shares of VanEck Semiconductor ETF in the fourth quarter valued at approximately $144,385,000. JPMorgan Chase & Co. raised its holdings in VanEck Semiconductor ETF by 48.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock valued at $319,983,000 after acquiring an additional 424,042 shares during the last quarter. Main Management ETF Advisors LLC lifted its stake in shares of VanEck Semiconductor ETF by 36.7% during the 3rd quarter. Main Management ETF Advisors LLC now owns 942,820 shares of the company’s stock worth $231,415,000 after purchasing an additional 253,300 shares during the period. Harel Insurance Investments & Financial Services Ltd. grew its position in shares of VanEck Semiconductor ETF by 144.3% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 343,206 shares of the company’s stock valued at $83,114,000 after purchasing an additional 202,744 shares during the period. Finally, Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD acquired a new position in VanEck Semiconductor ETF in the fourth quarter valued at $28,664,000.

VanEck Semiconductor ETF Trading Down 7.6 %

Shares of NASDAQ:SMH opened at $180.80 on Friday. The firm has a market cap of $16.29 billion, a price-to-earnings ratio of 25.25 and a beta of 1.39. The stock’s 50-day moving average price is $232.34 and its two-hundred day moving average price is $242.88. VanEck Semiconductor ETF has a 12-month low of $178.23 and a 12-month high of $283.07.

VanEck Semiconductor ETF Company 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.