Clal Insurance Enterprises Holdings Ltd Buys 295,000 Shares of VanEck Semiconductor ETF $SMH

Clal Insurance Enterprises Holdings Ltd lifted its stake in VanEck Semiconductor ETF (NASDAQ:SMHFree Report) by 107.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 570,000 shares of the company’s stock after buying an additional 295,000 shares during the period. VanEck Semiconductor ETF makes up approximately 1.3% of Clal Insurance Enterprises Holdings Ltd’s holdings, making the stock its 15th largest holding. Clal Insurance Enterprises Holdings Ltd owned about 0.49% of VanEck Semiconductor ETF worth $218,538,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of SMH. Flagstar Advisors Inc. boosted its position 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 buying an additional 2,396 shares during the period. Apollon Wealth Management LLC grew its holdings in VanEck Semiconductor ETF by 2.9% in the 4th 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 last quarter. Migdal Insurance & Financial Holdings Ltd. increased its position 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 valued at $145,296,000 after acquiring an additional 169,737 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its position in shares of VanEck Semiconductor ETF by 58.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 32,481 shares of the company’s stock valued at $11,697,000 after acquiring an additional 11,973 shares during the period. Finally, Allspring Global Investments Holdings LLC increased its position 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 valued at $3,177,000 after acquiring an additional 4,778 shares during the period.

Trending Headlines about VanEck Semiconductor ETF

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

VanEck Semiconductor ETF Trading Up 4.5%

Shares of NASDAQ:SMH opened at $584.08 on Wednesday. The company has a 50-day moving average price of $600.36 and a 200-day moving average price of $483.46. The company has a market cap of $70.78 billion, a price-to-earnings ratio of 34.83 and a beta of 1.71. VanEck Semiconductor ETF has a 12 month low of $279.19 and a 12 month high of $671.83.

VanEck Semiconductor ETF Profile

(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

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

Receive News & Ratings for VanEck Semiconductor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Semiconductor ETF and related companies with MarketBeat.com's FREE daily email newsletter.