Liberty One Investment Management LLC acquired a new stake in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,019 shares of the company’s stock, valued at approximately $774,000.
Other hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE grew its position in shares of VanEck Semiconductor ETF by 170.8% during the 4th quarter. Bank of America Corp DE now owns 12,174,182 shares of the company’s stock worth $4,384,288,000 after buying an additional 7,678,318 shares during the period. Harel Insurance Investments & Financial Services Ltd. raised its position in shares of VanEck Semiconductor ETF by 158.7% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,198,897 shares of the company’s stock valued at $431,759,000 after acquiring an additional 735,425 shares during the period. Focus Partners Wealth raised its position in shares of VanEck Semiconductor ETF by 906.5% in the 4th quarter. Focus Partners Wealth now owns 745,768 shares of the company’s stock valued at $268,562,000 after acquiring an additional 671,673 shares during the period. Baker Avenue Asset Management LP boosted its stake in VanEck Semiconductor ETF by 100.3% during the 4th quarter. Baker Avenue Asset Management LP now owns 1,011 shares of the company’s stock worth $364,000 after acquiring an additional 349,979 shares during the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd boosted its stake in VanEck Semiconductor ETF by 107.3% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 570,000 shares of the company’s stock worth $218,538,000 after acquiring an additional 295,000 shares during the last quarter.
VanEck Semiconductor ETF Stock Performance
Shares of NASDAQ SMH opened at $580.17 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 cap of $70.31 billion, a P/E ratio of 34.83 and a beta of 1.71. The firm has a 50 day moving average price of $600.69 and a 200 day moving average price of $486.52.
About VanEck Semiconductor ETF
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.
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