VanEck Semiconductor ETF $SMH Stock Bought by Ridgepath Capital Management LLC

Ridgepath Capital Management LLC increased its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 514.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,387 shares of the company’s stock after acquiring an additional 5,348 shares during the quarter. VanEck Semiconductor ETF makes up approximately 2.1% of Ridgepath Capital Management LLC’s holdings, making the stock its 14th biggest holding. Ridgepath Capital Management LLC’s holdings in VanEck Semiconductor ETF were worth $3,890,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Renaissance Technologies LLC acquired a new position in VanEck Semiconductor ETF in the first quarter valued at approximately $141,661,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter worth approximately $183,763,000. Clal Insurance Enterprises Holdings Ltd raised its position in shares of VanEck Semiconductor ETF by 107.3% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 570,000 shares of the company’s stock worth $218,538,000 after purchasing an additional 295,000 shares during the period. GoalVest Advisory LLC lifted its holdings in shares of VanEck Semiconductor ETF by 290,983.3% in the 3rd quarter. GoalVest Advisory LLC now owns 174,650 shares of the company’s stock worth $106,362,000 after purchasing an additional 174,590 shares during the last quarter. Finally, Meitav Investment House Ltd. lifted its holdings in shares of VanEck Semiconductor ETF by 17.3% in the 1st quarter. Meitav Investment House Ltd. now owns 905,426 shares of the company’s stock worth $347,140,000 after purchasing an additional 133,601 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

NASDAQ:SMH opened at $522.49 on Monday. VanEck Semiconductor ETF has a 12-month low of $315.05 and a 12-month high of $671.83. The firm has a market capitalization of $66.59 billion, a P/E ratio of 34.83 and a beta of 1.73. The business has a 50 day simple moving average of $572.62 and a 200 day simple moving average of $518.19.

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.