D. E. Shaw & Co. Inc. Buys New Shares in VanEck Semiconductor ETF (NASDAQ:SMH)

D. E. Shaw & Co. Inc. purchased a new position in VanEck Semiconductor ETF (NASDAQ:SMH) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 501,007 shares of the company’s stock, valued at approximately $121,329,000. D. E. Shaw & Co. Inc. owned approximately 0.53% of VanEck Semiconductor ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also bought and sold shares of SMH. Hartford Financial Management Inc. boosted its holdings in shares of VanEck Semiconductor ETF by 61.9% during the 4th quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after purchasing an additional 39 shares during the last quarter. Mather Group LLC. boosted its stake in VanEck Semiconductor ETF by 320.0% during the fourth quarter. Mather Group LLC. now owns 105 shares of the company’s stock valued at $25,000 after buying an additional 80 shares during the last quarter. Ethos Financial Group LLC purchased a new position in VanEck Semiconductor ETF during the 4th quarter valued at approximately $28,000. Hemington Wealth Management increased its stake in VanEck Semiconductor ETF by 50.6% in the 4th quarter. Hemington Wealth Management now owns 131 shares of the company’s stock worth $31,000 after acquiring an additional 44 shares during the last quarter. Finally, Fifth Third Bancorp raised its holdings in shares of VanEck Semiconductor ETF by 80.2% during the 4th quarter. Fifth Third Bancorp now owns 155 shares of the company’s stock worth $38,000 after acquiring an additional 69 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

SMH stock opened at $221.95 on Friday. The firm has a fifty day moving average price of $210.84 and a 200 day moving average price of $235.12. VanEck Semiconductor ETF has a fifty-two week low of $170.11 and a fifty-two week high of $283.07. The firm has a market cap of $20.11 billion, a PE ratio of 32.48 and a beta of 1.35.

VanEck Semiconductor ETF Company 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.