Innealta Capital LLC Acquires Shares of 8,557 VanEck Semiconductor ETF $SMH

Innealta Capital LLC bought a new position in VanEck Semiconductor ETF (NASDAQ:SMH) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 8,557 shares of the company’s stock, valued at approximately $2,386,000. VanEck Semiconductor ETF makes up approximately 1.3% of Innealta Capital LLC’s investment portfolio, making the stock its 23rd largest holding.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SMH. Goldman Sachs Group Inc. lifted its position in VanEck Semiconductor ETF by 46.1% during the first 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. boosted its stake in VanEck Semiconductor ETF by 3,235,614.3% during the second 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. grew its holdings in 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 in the last quarter. Phoenix Financial Ltd. increased its stake in VanEck Semiconductor ETF by 273.2% in the 2nd quarter. Phoenix Financial Ltd. now owns 135,801 shares of the company’s stock worth $37,872,000 after acquiring an additional 99,409 shares during the last quarter. Finally, Meitav Investment House Ltd. raised its holdings 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 worth $132,605,000 after acquiring an additional 97,941 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

SMH stock opened at $351.09 on Friday. The firm’s 50-day moving average is $328.62 and its 200 day moving average is $286.19. VanEck Semiconductor ETF has a 12 month low of $170.11 and a 12 month high of $372.78. The company has a market capitalization of $35.25 billion, a PE ratio of 34.83 and a beta of 1.52.

VanEck Semiconductor ETF 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.