Wisconsin Wealth Advisors LLC Raises Stock Position in VanEck Semiconductor ETF $SMH

Wisconsin Wealth Advisors LLC lifted its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 6.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,840 shares of the company’s stock after acquiring an additional 360 shares during the quarter. VanEck Semiconductor ETF accounts for about 1.9% of Wisconsin Wealth Advisors LLC’s holdings, making the stock its 16th biggest position. Wisconsin Wealth Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $1,629,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Goldman Sachs Group Inc. raised its holdings in VanEck Semiconductor ETF by 46.1% during the first quarter. Goldman Sachs Group Inc. now owns 2,873,885 shares of the company’s stock worth $607,740,000 after purchasing an additional 907,073 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. increased its position in shares of VanEck Semiconductor ETF by 3,235,614.3% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 453,000 shares of the company’s stock valued at $126,333,000 after buying an additional 452,986 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of VanEck Semiconductor ETF during the 2nd quarter worth $62,748,000. Allianz SE purchased a new stake in shares of VanEck Semiconductor ETF in the 2nd quarter worth about $55,524,000. Finally, Menora Mivtachim Holdings LTD. grew its stake in VanEck Semiconductor ETF by 48.1% in the 1st quarter. Menora Mivtachim Holdings LTD. now owns 496,500 shares of the company’s stock valued at $104,995,000 after acquiring an additional 161,350 shares during the last quarter.

VanEck Semiconductor ETF Trading Up 2.5%

NASDAQ:SMH opened at $347.95 on Thursday. The company has a market capitalization of $34.93 billion, a P/E ratio of 34.83 and a beta of 1.52. The firm has a 50-day moving average price of $338.31 and a two-hundred day moving average price of $295.55. VanEck Semiconductor ETF has a twelve month low of $170.11 and a twelve month high of $372.78.

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.