VanEck Semiconductor ETF $SMH Shares Bought by Valence8 US LP

Valence8 US LP grew its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 36.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 53,133 shares of the company’s stock after buying an additional 14,247 shares during the quarter. VanEck Semiconductor ETF accounts for approximately 5.7% of Valence8 US LP’s holdings, making the stock its 6th biggest holding. Valence8 US LP’s holdings in VanEck Semiconductor ETF were worth $19,135,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Harel Insurance Investments & Financial Services Ltd. raised its stake 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 buying an additional 735,425 shares in the last quarter. Bank of Nova Scotia raised its stake in shares of VanEck Semiconductor ETF by 24,986.6% in the 3rd quarter. Bank of Nova Scotia now owns 755,107 shares of the company’s stock valued at $246,437,000 after buying an additional 752,097 shares in the last quarter. Menora Mivtachim Holdings LTD. increased its position in shares of VanEck Semiconductor ETF by 0.4% during the 3rd quarter. Menora Mivtachim Holdings LTD. now owns 576,000 shares of the company’s stock worth $187,983,000 after purchasing an additional 2,500 shares in the last quarter. Raymond James Financial Inc. increased its position in shares of VanEck Semiconductor ETF by 8.3% during the 2nd quarter. Raymond James Financial Inc. now owns 534,989 shares of the company’s stock worth $149,198,000 after purchasing an additional 40,831 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of VanEck Semiconductor ETF by 8.5% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 526,529 shares of the company’s stock worth $171,838,000 after purchasing an additional 41,280 shares in the last quarter.

VanEck Semiconductor ETF Stock Down 1.1%

Shares of VanEck Semiconductor ETF stock opened at $595.50 on Thursday. The stock has a market capitalization of $69.19 billion, a P/E ratio of 34.83 and a beta of 1.70. The company has a 50-day simple moving average of $475.61 and a 200 day simple moving average of $413.38. VanEck Semiconductor ETF has a 12-month low of $235.37 and a 12-month high of $612.30.

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.