Ebert Capital Management Inc. Buys 1,064 Shares of VanEck Semiconductor ETF $SMH

Ebert Capital Management Inc. increased its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 215.8% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,557 shares of the company’s stock after acquiring an additional 1,064 shares during the period. VanEck Semiconductor ETF comprises about 0.9% of Ebert Capital Management Inc.’s portfolio, making the stock its 16th biggest position. Ebert Capital Management Inc.’s holdings in VanEck Semiconductor ETF were worth $948,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SMH. Meitav Investment House Ltd. increased its holdings in VanEck Semiconductor ETF by 17.3% in the first quarter. Meitav Investment House Ltd. now owns 905,426 shares of the company’s stock valued at $347,140,000 after purchasing an additional 133,601 shares during the period. Focus Partners Wealth lifted its position in shares of VanEck Semiconductor ETF by 906.5% during 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. Clal Insurance Enterprises Holdings Ltd grew its stake in shares of VanEck Semiconductor ETF by 107.3% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 570,000 shares of the company’s stock valued at $218,538,000 after buying an additional 295,000 shares during the period. Cetera Investment Advisers increased its holdings in shares of 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 acquiring an additional 16,810 shares in the last quarter. Finally, Renaissance Technologies LLC acquired a new position in VanEck Semiconductor ETF during the first quarter worth $141,661,000.

VanEck Semiconductor ETF Trading Down 3.8%

NASDAQ SMH traded down $23.79 during trading hours on Thursday, hitting $601.24. The company’s stock had a trading volume of 5,327,358 shares, compared to its average volume of 9,240,245. The company’s 50-day simple moving average is $576.15 and its two-hundred day simple moving average is $552.47. VanEck Semiconductor ETF has a 52 week low of $315.05 and a 52 week high of $671.83. The company has a market capitalization of $73.71 billion, a PE ratio of 34.83 and a beta of 1.73.

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.