VanEck Semiconductor ETF $SMH is Main Management LLC’s 6th Largest Position

Main Management LLC raised its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 4.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 312,654 shares of the company’s stock after buying an additional 14,233 shares during the period. VanEck Semiconductor ETF comprises approximately 6.9% of Main Management LLC’s portfolio, making the stock its 6th largest position. Main Management LLC owned about 0.34% of VanEck Semiconductor ETF worth $87,193,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Allianz Asset Management GmbH purchased a new position in shares of VanEck Semiconductor ETF in the first quarter worth $5,583,000. Choreo LLC increased its position in shares of VanEck Semiconductor ETF by 0.8% in the first quarter. Choreo LLC now owns 7,574 shares of the company’s stock valued at $1,602,000 after acquiring an additional 61 shares during the period. Bank Julius Baer & Co. Ltd Zurich increased its position in shares of VanEck Semiconductor ETF by 79.8% in the first quarter. Bank Julius Baer & Co. Ltd Zurich now owns 28,410 shares of the company’s stock valued at $6,008,000 after acquiring an additional 12,607 shares during the period. Retirement Income Solutions Inc raised its position in VanEck Semiconductor ETF by 1.2% during the 1st quarter. Retirement Income Solutions Inc now owns 4,815 shares of the company’s stock valued at $1,018,000 after purchasing an additional 57 shares during the last quarter. Finally, Wedbush Securities Inc. raised its holdings in VanEck Semiconductor ETF by 11.9% in the 1st quarter. Wedbush Securities Inc. now owns 14,885 shares of the company’s stock worth $3,148,000 after purchasing an additional 1,582 shares in the last quarter.

VanEck Semiconductor ETF Stock Up 1.8%

NASDAQ SMH opened at $339.44 on Thursday. The stock’s 50 day moving average is $338.31 and its 200 day moving average is $295.55. The firm has a market capitalization of $34.08 billion, a PE ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a twelve month low of $170.11 and a twelve month high of $372.78.

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.