Renaissance Technologies LLC Takes $141.66 Million Position in VanEck Semiconductor ETF $SMH

Renaissance Technologies LLC bought a new position in VanEck Semiconductor ETF (NASDAQ:SMH) in the first quarter, HoldingsChannel reports. The firm bought 369,487 shares of the company’s stock, valued at approximately $141,661,000.

Several other large investors have also recently modified their holdings of SMH. WealthCollab LLC purchased a new stake in VanEck Semiconductor ETF during the 4th quarter valued at $28,000. Investment Counsel Co. of Nevada bought a new stake in VanEck Semiconductor ETF in the fourth quarter worth $35,000. Core Wealth Advisors LLC purchased a new position in VanEck Semiconductor ETF during the fourth quarter worth $36,000. Jessup Wealth Management Inc purchased a new position in VanEck Semiconductor ETF during the fourth quarter worth $40,000. Finally, CENTRAL TRUST Co increased its position in VanEck Semiconductor ETF by 66.7% during the fourth quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock valued at $43,000 after acquiring an additional 48 shares during the last quarter.

VanEck Semiconductor ETF Stock Down 3.3%

SMH stock opened at $561.19 on Friday. VanEck Semiconductor ETF has a twelve month low of $279.19 and a twelve month high of $671.83. The stock has a market capitalization of $67.65 billion, a price-to-earnings ratio of 34.83 and a beta of 1.71. The firm’s fifty day simple moving average is $600.78 and its two-hundred day simple moving average is $487.04.

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.