Oakwell Private Wealth Management LLC Acquires Shares of 818 VanEck Semiconductor ETF $SMH

Oakwell Private Wealth Management LLC acquired a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 818 shares of the company’s stock, valued at approximately $228,000.

A number of other institutional investors have also recently bought and sold shares of SMH. Goldman Sachs Group Inc. grew its stake in VanEck Semiconductor ETF by 46.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,873,885 shares of the company’s stock valued at $607,740,000 after purchasing an additional 907,073 shares during the period. Migdal Insurance & Financial Holdings Ltd. lifted its position in shares of VanEck Semiconductor ETF by 3,235,614.3% during the 2nd 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. Menora Mivtachim Holdings LTD. lifted its position in shares of VanEck Semiconductor ETF by 48.1% during the 1st quarter. Menora Mivtachim Holdings LTD. now owns 496,500 shares of the company’s stock valued at $104,995,000 after buying an additional 161,350 shares during the last quarter. Phoenix Financial Ltd. lifted its position in shares of VanEck Semiconductor ETF by 273.2% during the 2nd quarter. Phoenix Financial Ltd. now owns 135,801 shares of the company’s stock valued at $37,872,000 after buying an additional 99,409 shares during the last quarter. Finally, Meitav Investment House Ltd. lifted its position in shares of VanEck Semiconductor ETF by 26.0% during the 2nd quarter. Meitav Investment House Ltd. now owns 475,332 shares of the company’s stock valued at $132,605,000 after buying an additional 97,941 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ SMH opened at $366.10 on Tuesday. VanEck Semiconductor ETF has a one year low of $170.11 and a one year high of $372.78. The business’s fifty day moving average price is $325.22 and its 200-day moving average price is $284.09. The stock has a market capitalization of $36.75 billion, a PE ratio of 34.83 and a beta of 1.52.

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.