5,459 Shares in VanEck Semiconductor ETF $SMH Purchased by Founders Financial Securities LLC

Founders Financial Securities LLC acquired a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 5,459 shares of the company’s stock, valued at approximately $3,325,000.

Several other institutional investors have also added to or reduced their stakes in the stock. Meitav Investment House Ltd. grew its holdings in VanEck Semiconductor ETF by 17.3% during the 1st quarter. Meitav Investment House Ltd. now owns 905,426 shares of the company’s stock worth $347,140,000 after acquiring an additional 133,601 shares during the period. Clal Insurance Enterprises Holdings Ltd boosted its holdings in VanEck Semiconductor ETF by 107.3% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 570,000 shares of the company’s stock worth $218,538,000 after acquiring an additional 295,000 shares in the last quarter. Cetera Investment Advisers grew its position in VanEck Semiconductor ETF by 3.4% in the 1st quarter. Cetera Investment Advisers now owns 511,623 shares of the company’s stock valued at $196,156,000 after purchasing an additional 16,810 shares during the period. Renaissance Technologies LLC bought a new position in VanEck Semiconductor ETF in the 1st quarter valued at about $141,661,000. Finally, GoalVest Advisory LLC grew its holdings in VanEck Semiconductor ETF by 290,983.3% during the third quarter. GoalVest Advisory LLC now owns 174,650 shares of the company’s stock worth $106,362,000 after buying an additional 174,590 shares in the last quarter.

VanEck Semiconductor ETF Stock Down 1.1%

VanEck Semiconductor ETF stock opened at $561.67 on Friday. The company’s 50 day moving average price is $573.42 and its two-hundred day moving average price is $517.53. VanEck Semiconductor ETF has a 52 week low of $315.05 and a 52 week high of $671.83. The stock has a market cap of $70.96 billion, a P/E ratio of 34.83 and a beta of 1.73.

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.