SG Americas Securities LLC boosted its stake in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 821.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 29,182 shares of the company’s stock after buying an additional 26,016 shares during the quarter. SG Americas Securities LLC’s holdings in VanEck Semiconductor ETF were worth $9,524,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of the stock. JPMorgan Chase & Co. increased its stake in shares of VanEck Semiconductor ETF by 93.3% in the second quarter. JPMorgan Chase & Co. now owns 1,458,395 shares of the company’s stock worth $406,718,000 after acquiring an additional 703,799 shares during the last quarter. Menora Mivtachim Holdings LTD. boosted its position in VanEck Semiconductor ETF by 15.5% during the second quarter. Menora Mivtachim Holdings LTD. now owns 573,500 shares of the company’s stock valued at $159,938,000 after purchasing an additional 77,000 shares during the last quarter. Raymond James Financial Inc. grew its stake in VanEck Semiconductor ETF by 8.3% in the second quarter. Raymond James Financial Inc. now owns 534,989 shares of the company’s stock valued at $149,198,000 after purchasing an additional 40,831 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in VanEck Semiconductor ETF by 8.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 485,249 shares of the company’s stock worth $135,326,000 after purchasing an additional 37,955 shares during the last quarter. Finally, Meitav Investment House Ltd. increased its position in 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 purchasing an additional 97,941 shares during the last quarter.
VanEck Semiconductor ETF Price Performance
Shares of VanEck Semiconductor ETF stock opened at $389.48 on Friday. The firm has a market cap of $41.36 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a 52-week low of $170.11 and a 52-week high of $390.88. The stock has a 50-day simple moving average of $357.34 and a 200-day simple moving average of $324.46.
VanEck Semiconductor ETF Announces Dividend
About VanEck Semiconductor ETF
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.
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