5,990 Shares in VanEck Semiconductor ETF $SMH Acquired by Hanseatic Management Services Inc.

Hanseatic Management Services Inc. acquired a new stake in VanEck Semiconductor ETF (NASDAQ:SMHFree Report) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 5,990 shares of the company’s stock, valued at approximately $2,297,000. VanEck Semiconductor ETF makes up about 2.2% of Hanseatic Management Services Inc.’s portfolio, making the stock its 6th biggest position.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Flagstar Advisors Inc. lifted its stake in VanEck Semiconductor ETF by 68.2% during the 4th quarter. Flagstar Advisors Inc. now owns 5,910 shares of the company’s stock valued at $2,128,000 after acquiring an additional 2,396 shares during the period. Apollon Wealth Management LLC grew its stake in shares of VanEck Semiconductor ETF by 2.9% in the fourth quarter. Apollon Wealth Management LLC now owns 47,977 shares of the company’s stock worth $17,278,000 after acquiring an additional 1,356 shares during the period. Migdal Insurance & Financial Holdings Ltd. grew its stake in shares of VanEck Semiconductor ETF by 72.6% in the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 403,452 shares of the company’s stock worth $145,296,000 after acquiring an additional 169,737 shares during the period. Allspring Global Investments Holdings LLC grew its stake in shares of VanEck Semiconductor ETF by 128.0% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 8,510 shares of the company’s stock worth $3,177,000 after acquiring an additional 4,778 shares during the period. Finally, Leo Wealth LLC purchased a new position in shares of VanEck Semiconductor ETF during the fourth quarter valued at approximately $453,000.

VanEck Semiconductor ETF News Roundup

Here are the key news stories impacting VanEck Semiconductor ETF this week:

VanEck Semiconductor ETF Stock Down 2.2%

SMH opened at $556.53 on Friday. The stock has a market capitalization of $66.75 billion, a price-to-earnings ratio of 34.83 and a beta of 1.71. The firm has a 50 day moving average price of $600.25 and a 200-day moving average price of $479.70. VanEck Semiconductor ETF has a twelve month low of $279.19 and a twelve month high of $671.83.

About VanEck Semiconductor ETF

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for VanEck Semiconductor ETF (NASDAQ:SMH)

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