VanEck Semiconductor ETF $SMH Shares Acquired by Phoenix Financial Ltd.

Phoenix Financial Ltd. lifted its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 25.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 35,968 shares of the company’s stock after purchasing an additional 7,342 shares during the period. Phoenix Financial Ltd.’s holdings in VanEck Semiconductor ETF were worth $21,903,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of SMH. Kaydan Wealth Management Inc. lifted its holdings in VanEck Semiconductor ETF by 3.6% during the 3rd quarter. Kaydan Wealth Management Inc. now owns 520 shares of the company’s stock worth $317,000 after buying an additional 18 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC increased its stake in shares of VanEck Semiconductor ETF by 0.6% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,472 shares of the company’s stock valued at $2,277,000 after buying an additional 21 shares during the period. Lantern Wealth Advisors LLC increased its stake in shares of VanEck Semiconductor ETF by 2.1% in the 3rd quarter. Lantern Wealth Advisors LLC now owns 1,030 shares of the company’s stock valued at $627,000 after buying an additional 21 shares during the period. Hohimer Wealth Management LLC raised its position in shares of VanEck Semiconductor ETF by 6.9% during the third quarter. Hohimer Wealth Management LLC now owns 418 shares of the company’s stock worth $255,000 after acquiring an additional 27 shares during the last quarter. Finally, JSF Financial LLC lifted its stake in shares of VanEck Semiconductor ETF by 2.7% during the first quarter. JSF Financial LLC now owns 1,071 shares of the company’s stock valued at $411,000 after acquiring an additional 28 shares during the period.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ SMH traded down $14.98 during mid-day trading on Friday, hitting $486.75. The company’s stock had a trading volume of 12,215,826 shares, compared to its average volume of 9,551,128. VanEck Semiconductor ETF has a one year low of $315.05 and a one year high of $671.83. The stock has a market cap of $62.57 billion, a price-to-earnings ratio of 24.39 and a beta of 1.78. The company’s fifty day simple moving average is $559.77 and its 200-day simple moving average is $522.84.

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.