Center For Asset Management LLC Acquires 1,056 Shares of VanEck Semiconductor ETF $SMH

Center For Asset Management LLC grew its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 164.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,700 shares of the company’s stock after buying an additional 1,056 shares during the period. Center For Asset Management LLC’s holdings in VanEck Semiconductor ETF were worth $1,035,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Meitav Investment House Ltd. increased its holdings in shares of VanEck Semiconductor ETF by 17.3% during the 1st quarter. Meitav Investment House Ltd. now owns 905,426 shares of the company’s stock worth $347,140,000 after acquiring an additional 133,601 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd raised its stake in 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 acquiring an additional 295,000 shares during the period. Cetera Investment Advisers raised its stake in VanEck Semiconductor ETF by 3.4% in the 1st 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 during the period. Renaissance Technologies LLC bought a new stake in VanEck Semiconductor ETF in the 1st quarter valued at $141,661,000. Finally, Rockefeller Capital Management L.P. raised its stake in VanEck Semiconductor ETF by 17.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 338,536 shares of the company’s stock valued at $121,918,000 after acquiring an additional 51,092 shares during the period.

VanEck Semiconductor ETF Price Performance

Shares of VanEck Semiconductor ETF stock opened at $539.79 on Friday. The business has a fifty day simple moving average of $578.72 and a two-hundred day simple moving average of $560.69. VanEck Semiconductor ETF has a 1 year low of $315.05 and a 1 year high of $671.83. The company has a market capitalization of $65.04 billion, a price-to-earnings 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.