VanEck Semiconductor ETF (NASDAQ:SMH) Position Increased by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC lifted its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 38.3% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 50,610 shares of the company’s stock after acquiring an additional 14,026 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $12,422,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. SG Americas Securities LLC grew its stake in shares of VanEck Semiconductor ETF by 101.1% in the 2nd quarter. SG Americas Securities LLC now owns 13,898 shares of the company’s stock valued at $3,623,000 after buying an additional 1,270,998 shares in the last quarter. Jane Street Group LLC lifted its stake in VanEck Semiconductor ETF by 20.9% in the first quarter. Jane Street Group LLC now owns 6,044,932 shares of the company’s stock valued at $1,360,049,000 after acquiring an additional 1,045,570 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund grew its position in VanEck Semiconductor ETF by 46.3% in the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,624,000 shares of the company’s stock worth $423,377,000 after acquiring an additional 514,000 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. grew its position in VanEck Semiconductor ETF by 109.8% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 944,164 shares of the company’s stock worth $246,144,000 after acquiring an additional 494,164 shares in the last quarter. Finally, Liberty Wealth Management LLC increased its stake in shares of VanEck Semiconductor ETF by 24,432.5% during the 2nd quarter. Liberty Wealth Management LLC now owns 438,641 shares of the company’s stock worth $114,354,000 after purchasing an additional 436,853 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of SMH stock traded up $2.43 on Wednesday, hitting $250.74. The company’s stock had a trading volume of 1,499,988 shares, compared to its average volume of 8,042,170. VanEck Semiconductor ETF has a fifty-two week low of $149.31 and a fifty-two week high of $283.07. The firm’s fifty day moving average price is $242.92 and its 200-day moving average price is $243.43. The stock has a market capitalization of $24.85 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35.

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.