Clal Insurance Enterprises Holdings Ltd Purchases 100,000 Shares of VanEck Semiconductor ETF $SMH

Clal Insurance Enterprises Holdings Ltd lifted its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 57.1% during the fourth quarter, HoldingsChannel reports. The firm owned 275,000 shares of the company’s stock after purchasing an additional 100,000 shares during the period. Clal Insurance Enterprises Holdings Ltd’s holdings in VanEck Semiconductor ETF were worth $99,036,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. WealthCollab LLC acquired a new stake in shares of VanEck Semiconductor ETF during the 4th quarter worth approximately $28,000. Investment Counsel Co. of Nevada purchased a new stake in VanEck Semiconductor ETF in the 4th quarter valued at about $35,000. Core Wealth Advisors LLC purchased a new stake in VanEck Semiconductor ETF in the 4th quarter valued at about $36,000. Jessup Wealth Management Inc purchased a new stake in VanEck Semiconductor ETF in the 4th quarter valued at about $40,000. Finally, CENTRAL TRUST Co increased its stake in VanEck Semiconductor ETF by 66.7% during the fourth quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock worth $43,000 after purchasing an additional 48 shares during the period.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ:SMH opened at $619.96 on Friday. The firm has a market capitalization of $72.03 billion, a PE ratio of 34.83 and a beta of 1.72. The firm’s 50-day moving average is $527.42 and its two-hundred day moving average is $434.76. VanEck Semiconductor ETF has a 1 year low of $256.05 and a 1 year high of $642.77.

VanEck Semiconductor ETF Profile

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.