CFO Capital Management LLC acquired a new stake in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 2,391 shares of the company’s stock, valued at approximately $861,000.
A number of other large investors have also recently added to or reduced their stakes in SMH. Bank of America Corp DE increased its holdings in shares of VanEck Semiconductor ETF by 170.8% in the 4th quarter. Bank of America Corp DE now owns 12,174,182 shares of the company’s stock valued at $4,384,288,000 after acquiring an additional 7,678,318 shares during the last quarter. Bank of Nova Scotia increased its position in shares of VanEck Semiconductor ETF by 24,986.6% during the 3rd quarter. Bank of Nova Scotia now owns 755,107 shares of the company’s stock valued at $246,437,000 after purchasing an additional 752,097 shares during the period. Harel Insurance Investments & Financial Services Ltd. raised its stake in shares of VanEck Semiconductor ETF by 158.7% in the 4th 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 in the last quarter. Focus Partners Wealth raised its stake in shares of VanEck Semiconductor ETF by 906.5% in the 4th 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 in the last quarter. Finally, Capital Markets Trading UK LLP lifted its stake in VanEck Semiconductor ETF by 100.7% during the third quarter. Capital Markets Trading UK LLP now owns 4,319 shares of the company’s stock valued at $1,410,000 after purchasing an additional 617,050 shares during the last quarter.
VanEck Semiconductor ETF Price Performance
Shares of NASDAQ SMH opened at $659.88 on Friday. The stock has a market capitalization of $76.67 billion, a price-to-earnings ratio of 34.83 and a beta of 1.72. The stock’s fifty day simple moving average is $551.49 and its 200 day simple moving average is $445.11. VanEck Semiconductor ETF has a 52-week low of $257.12 and a 52-week high of $663.80.
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.
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