Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management Purchases Shares of 61,300 VanEck Semiconductor ETF $SMH

Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management acquired a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 61,300 shares of the company’s stock, valued at approximately $17,096,000. VanEck Semiconductor ETF comprises about 2.6% of Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management’s portfolio, making the stock its 14th largest holding. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management owned about 0.07% of VanEck Semiconductor ETF at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Grove Bank & Trust acquired a new stake in shares of VanEck Semiconductor ETF during the second quarter worth $25,000. Trust Co. of Toledo NA OH purchased a new position in VanEck Semiconductor ETF in the 2nd quarter worth about $25,000. UMB Bank n.a. acquired a new stake in VanEck Semiconductor ETF during the 2nd quarter worth about $28,000. Hilltop National Bank purchased a new stake in VanEck Semiconductor ETF during the second quarter valued at about $28,000. Finally, Fourth Dimension Wealth LLC acquired a new position in shares of VanEck Semiconductor ETF in the second quarter worth about $28,000.

VanEck Semiconductor ETF Price Performance

VanEck Semiconductor ETF stock opened at $344.98 on Friday. VanEck Semiconductor ETF has a fifty-two week low of $170.11 and a fifty-two week high of $372.78. The firm’s 50 day simple moving average is $335.95 and its 200-day simple moving average is $292.96. The company has a market cap of $34.63 billion, a P/E ratio of 34.83 and a beta of 1.52.

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.