VanEck Semiconductor ETF $SMH is Meitav Investment House Ltd.’s 5th Largest Position

Meitav Investment House Ltd. boosted its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 17.3% during the first quarter, Holdings Channel.com reports. The institutional investor owned 905,426 shares of the company’s stock after purchasing an additional 133,601 shares during the period. VanEck Semiconductor ETF accounts for approximately 3.8% of Meitav Investment House Ltd.’s portfolio, making the stock its 5th biggest position. Meitav Investment House Ltd.’s holdings in VanEck Semiconductor ETF were worth $347,140,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Bank of America Corp DE raised its holdings in shares of VanEck Semiconductor ETF by 170.8% during the fourth quarter. Bank of America Corp DE now owns 12,174,182 shares of the company’s stock worth $4,384,288,000 after purchasing an additional 7,678,318 shares during the last quarter. Morgan Stanley boosted its holdings in VanEck Semiconductor ETF by 4.8% in the fourth quarter. Morgan Stanley now owns 2,657,540 shares of the company’s stock valued at $957,061,000 after purchasing an additional 121,815 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its holdings in VanEck Semiconductor ETF by 158.7% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,198,897 shares of the company’s stock valued at $431,759,000 after purchasing an additional 735,425 shares during the last quarter. Bank of Nova Scotia raised its stake in shares of VanEck Semiconductor ETF by 24,986.6% during the 3rd quarter. Bank of Nova Scotia now owns 755,107 shares of the company’s stock valued at $246,437,000 after buying an additional 752,097 shares during the last quarter. Finally, Focus Partners Wealth raised its stake in shares of VanEck Semiconductor ETF by 906.5% during the 4th quarter. Focus Partners Wealth now owns 745,768 shares of the company’s stock valued at $268,562,000 after buying an additional 671,673 shares during the last quarter.

VanEck Semiconductor ETF Stock Down 5.2%

Shares of SMH stock traded down $31.58 on Tuesday, hitting $572.72. The company had a trading volume of 6,312,709 shares, compared to its average volume of 9,647,236. VanEck Semiconductor ETF has a twelve month low of $279.19 and a twelve month high of $671.83. The firm has a market cap of $67.69 billion, a P/E ratio of 34.83 and a beta of 1.71. The company has a 50-day moving average price of $585.68 and a 200-day moving average price of $464.14.

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.