161,600 Shares in VanEck Semiconductor ETF (NASDAQ:SMH) Purchased by Soros Capital Management LLC

Soros Capital Management LLC bought a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 161,600 shares of the company’s stock, valued at approximately $39,135,000. VanEck Semiconductor ETF comprises approximately 6.2% of Soros Capital Management LLC’s holdings, making the stock its biggest holding.

Several other hedge funds also recently bought and sold shares of the stock. Raymond James Financial Inc. purchased a new position in shares of VanEck Semiconductor ETF in the fourth quarter valued at approximately $144,385,000. JPMorgan Chase & Co. grew its stake in shares of VanEck Semiconductor ETF by 48.2% in the third quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock worth $319,983,000 after acquiring an additional 424,042 shares in the last quarter. Menora Mivtachim Holdings LTD. raised its stake in shares of VanEck Semiconductor ETF by 3,218.3% in the fourth quarter. Menora Mivtachim Holdings LTD. now owns 335,150 shares of the company’s stock valued at $81,163,000 after acquiring an additional 325,050 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its holdings in VanEck Semiconductor ETF by 144.3% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 343,206 shares of the company’s stock valued at $83,114,000 after purchasing an additional 202,744 shares during the period. Finally, Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD acquired a new position in VanEck Semiconductor ETF during the 4th quarter worth $28,664,000.

VanEck Semiconductor ETF Price Performance

SMH stock opened at $192.53 on Monday. VanEck Semiconductor ETF has a 1 year low of $170.11 and a 1 year high of $283.07. The firm has a market capitalization of $17.72 billion, a P/E ratio of 25.25 and a beta of 1.35. The business’s 50-day moving average is $220.80 and its two-hundred day moving average is $239.02.

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.