Schuylkill Financial LLC Acquires New Position in VanEck Semiconductor ETF $SMH

Schuylkill Financial LLC acquired a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,449 shares of the company’s stock, valued at approximately $2,262,000. VanEck Semiconductor ETF comprises about 2.1% of Schuylkill Financial LLC’s investment portfolio, making the stock its 14th biggest holding.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Bank of America Corp DE lifted its stake in shares of VanEck Semiconductor ETF by 170.8% during the 4th quarter. Bank of America Corp DE now owns 12,174,182 shares of the company’s stock valued at $4,384,288,000 after buying an additional 7,678,318 shares in the last quarter. Morgan Stanley raised its holdings in VanEck Semiconductor ETF by 4.8% during the 4th quarter. Morgan Stanley now owns 2,657,540 shares of the company’s stock valued at $957,061,000 after acquiring an additional 121,815 shares during the period. Meitav Investment House Ltd. raised its holdings in VanEck Semiconductor ETF by 17.3% during the 1st quarter. Meitav Investment House Ltd. now owns 905,426 shares of the company’s stock valued at $347,140,000 after acquiring an additional 133,601 shares during the period. Focus Partners Wealth lifted its position in shares of VanEck Semiconductor ETF by 906.5% during the fourth quarter. Focus Partners Wealth now owns 745,768 shares of the company’s stock worth $268,562,000 after acquiring an additional 671,673 shares in the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd lifted its position in shares of VanEck Semiconductor ETF by 107.3% during the first 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.

VanEck Semiconductor ETF Price Performance

VanEck Semiconductor ETF stock opened at $567.01 on Friday. The firm has a market capitalization of $71.24 billion, a P/E ratio of 34.83 and a beta of 1.73. VanEck Semiconductor ETF has a one year low of $289.25 and a one year high of $671.83. The business has a fifty day moving average price of $573.59 and a 200-day moving average price of $521.16.

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.