Echo45 Advisors LLC Purchases New Holdings in VanEck Semiconductor ETF $SMH

Echo45 Advisors LLC acquired a new stake in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) in the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 1,381 shares of the company’s stock, valued at approximately $841,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Focus Partners Wealth boosted its stake in VanEck Semiconductor ETF by 906.5% during the 4th quarter. Focus Partners Wealth now owns 745,768 shares of the company’s stock worth $268,562,000 after purchasing an additional 671,673 shares during the last quarter. Renaissance Technologies LLC acquired a new stake in shares of VanEck Semiconductor ETF in the first quarter valued at about $141,661,000. Clal Insurance Enterprises Holdings Ltd raised its position in shares of VanEck Semiconductor ETF by 107.3% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 570,000 shares of the company’s stock valued at $218,538,000 after buying an additional 295,000 shares during the last quarter. GoalVest Advisory LLC raised its position in shares of VanEck Semiconductor ETF by 290,983.3% in the third quarter. GoalVest Advisory LLC now owns 174,650 shares of the company’s stock valued at $106,362,000 after buying an additional 174,590 shares during the last quarter. Finally, Meitav Investment House Ltd. lifted its stake in shares of VanEck Semiconductor ETF by 17.3% in the first quarter. Meitav Investment House Ltd. now owns 905,426 shares of the company’s stock worth $347,140,000 after buying an additional 133,601 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

SMH traded down $7.47 on Wednesday, reaching $625.03. 7,100,572 shares of the company’s stock were exchanged, compared to its average volume of 9,273,646. The stock has a market cap of $76.62 billion, a PE ratio of 34.83 and a beta of 1.73. VanEck Semiconductor ETF has a twelve month low of $315.05 and a twelve month high of $671.83. The stock’s fifty day moving average price is $576.15 and its 200-day moving average price is $552.47.

VanEck Semiconductor ETF Company Profile

(Free Report)

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.

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