XML Financial LLC Grows Holdings in VanEck Semiconductor ETF $SMH

XML Financial LLC increased its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 4,002.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,693 shares of the company’s stock after purchasing an additional 27,018 shares during the period. VanEck Semiconductor ETF accounts for 1.3% of XML Financial LLC’s investment portfolio, making the stock its 15th largest holding. XML Financial LLC’s holdings in VanEck Semiconductor ETF were worth $18,164,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Bank of America Corp DE increased its stake in VanEck Semiconductor ETF by 170.8% in the fourth quarter. Bank of America Corp DE now owns 12,174,182 shares of the company’s stock valued at $4,384,288,000 after purchasing an additional 7,678,318 shares during the period. Harel Insurance Investments & Financial Services Ltd. boosted its stake in shares of VanEck Semiconductor ETF by 158.7% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,198,897 shares of the company’s stock worth $431,759,000 after buying an additional 735,425 shares during the period. Focus Partners Wealth grew its holdings 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 buying an additional 671,673 shares during the last quarter. Renaissance Technologies LLC purchased a new position in shares of VanEck Semiconductor ETF during the first quarter worth about $141,661,000. Finally, Baker Avenue Asset Management LP increased its position in VanEck Semiconductor ETF by 100.3% in the 4th quarter. Baker Avenue Asset Management LP now owns 1,011 shares of the company’s stock valued at $364,000 after acquiring an additional 349,979 shares during the period.

VanEck Semiconductor ETF Stock Down 2.0%

SMH opened at $545.22 on Wednesday. The business has a 50 day moving average price of $577.50 and a two-hundred day moving average price of $518.80. The company has a market cap of $68.50 billion, a PE ratio of 34.83 and a beta of 1.73. VanEck Semiconductor ETF has a 52 week low of $281.74 and a 52 week high of $671.83.

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.