Verus Capital Partners LLC Buys 168 Shares of VanEck Semiconductor ETF $SMH

Verus Capital Partners LLC raised its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 14.8% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,300 shares of the company’s stock after purchasing an additional 168 shares during the quarter. Verus Capital Partners LLC’s holdings in VanEck Semiconductor ETF were worth $363,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Goldman Sachs Group Inc. grew its stake in shares of VanEck Semiconductor ETF by 46.1% in the first quarter. Goldman Sachs Group Inc. now owns 2,873,885 shares of the company’s stock valued at $607,740,000 after buying an additional 907,073 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. grew its position in shares of VanEck Semiconductor ETF by 3,235,614.3% in the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 453,000 shares of the company’s stock valued at $126,333,000 after acquiring an additional 452,986 shares during the period. Menora Mivtachim Holdings LTD. increased its stake in shares of VanEck Semiconductor ETF by 48.1% during the 1st quarter. Menora Mivtachim Holdings LTD. now owns 496,500 shares of the company’s stock worth $104,995,000 after purchasing an additional 161,350 shares during the last quarter. Phoenix Financial Ltd. increased its stake in shares of VanEck Semiconductor ETF by 273.2% during the 2nd quarter. Phoenix Financial Ltd. now owns 135,801 shares of the company’s stock worth $37,872,000 after purchasing an additional 99,409 shares during the last quarter. Finally, Meitav Investment House Ltd. raised its holdings in shares of VanEck Semiconductor ETF by 26.0% in the 2nd quarter. Meitav Investment House Ltd. now owns 475,332 shares of the company’s stock valued at $132,605,000 after purchasing an additional 97,941 shares during the period.

VanEck Semiconductor ETF Stock Performance

VanEck Semiconductor ETF stock opened at $355.53 on Thursday. The stock has a 50-day simple moving average of $333.82 and a 200 day simple moving average of $291.08. The stock has a market capitalization of $35.69 billion, a P/E ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a 52 week low of $170.11 and a 52 week high of $372.78.

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.