Renaissance Technologies LLC Takes $141.66 Million Position in VanEck Semiconductor ETF $SMH

Renaissance Technologies LLC purchased a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 369,487 shares of the company’s stock, valued at approximately $141,661,000. Renaissance Technologies LLC owned approximately 0.32% of VanEck Semiconductor ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. GC Wealth Management RIA LLC lifted its stake in shares of VanEck Semiconductor ETF by 11.2% during the 1st quarter. GC Wealth Management RIA LLC now owns 7,236 shares of the company’s stock valued at $2,774,000 after buying an additional 730 shares in the last quarter. Liberty One Investment Management LLC bought a new position in VanEck Semiconductor ETF during the first quarter valued at approximately $774,000. Mizuho Markets Americas LLC bought a new position in shares of VanEck Semiconductor ETF during the 1st quarter valued at approximately $4,716,000. Walleye Capital LLC raised its stake in VanEck Semiconductor ETF by 326.2% during the first quarter. Walleye Capital LLC now owns 1,357 shares of the company’s stock valued at $520,000 after purchasing an additional 1,957 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in VanEck Semiconductor ETF by 3.4% during the first quarter. Cetera Investment Advisers now owns 511,623 shares of the company’s stock valued at $196,156,000 after purchasing an additional 16,810 shares during the last quarter.

VanEck Semiconductor ETF Stock Down 3.3%

Shares of NASDAQ:SMH opened at $561.19 on Friday. VanEck Semiconductor ETF has a 52 week low of $279.19 and a 52 week high of $671.83. The stock has a market capitalization of $67.65 billion, a P/E ratio of 34.83 and a beta of 1.71. The firm has a fifty day simple moving average of $600.78 and a two-hundred day simple moving average of $487.04.

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.