Sacks & Associates LLC bought a new stake in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 8,745 shares of the company’s stock, valued at approximately $5,326,000. VanEck Semiconductor ETF makes up approximately 3.8% of Sacks & Associates LLC’s investment portfolio, making the stock its 6th largest holding.
A number of other hedge funds have also made changes to their positions in SMH. Meitav Investment House Ltd. boosted its position 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 buying an additional 133,601 shares in the last quarter. Focus Partners Wealth raised its stake in shares of VanEck Semiconductor ETF by 906.5% in the fourth 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 last quarter. Clal Insurance Enterprises Holdings Ltd boosted its holdings 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 worth $218,538,000 after acquiring an additional 295,000 shares in the last quarter. Cetera Investment Advisers grew its position in VanEck Semiconductor ETF by 3.4% during the 1st quarter. Cetera Investment Advisers now owns 511,623 shares of the company’s stock worth $196,156,000 after acquiring an additional 16,810 shares during the last quarter. Finally, Renaissance Technologies LLC acquired a new stake in VanEck Semiconductor ETF during the 1st quarter valued at $141,661,000.
VanEck Semiconductor ETF Stock Performance
Shares of SMH opened at $603.33 on Friday. The company has a market cap of $74.26 billion, a price-to-earnings ratio of 34.83 and a beta of 1.73. The stock has a fifty day moving average price of $578.77 and a two-hundred day moving average price of $554.38. VanEck Semiconductor ETF has a 52-week low of $315.05 and a 52-week high of $671.83.
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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