2,296 Shares in VanEck Semiconductor ETF $SMH Acquired by Dagco Inc.

Dagco Inc. purchased a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) in the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 2,296 shares of the company’s stock, valued at approximately $1,506,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SMH. Migdal Insurance & Financial Holdings Ltd. increased its holdings in shares of VanEck Semiconductor ETF by 72.6% during the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 403,452 shares of the company’s stock worth $145,296,000 after purchasing an additional 169,737 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of VanEck Semiconductor ETF by 58.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 32,481 shares of the company’s stock valued at $11,697,000 after buying an additional 11,973 shares during the period. Assetmark Inc. grew its position in VanEck Semiconductor ETF by 24.9% during the fourth quarter. Assetmark Inc. now owns 62,474 shares of the company’s stock worth $22,499,000 after buying an additional 12,467 shares in the last quarter. Farther Finance Advisors LLC increased its stake in VanEck Semiconductor ETF by 26.9% during the 4th quarter. Farther Finance Advisors LLC now owns 13,257 shares of the company’s stock worth $4,774,000 after acquiring an additional 2,807 shares during the period. Finally, CWM LLC increased its stake in VanEck Semiconductor ETF by 14.6% during the 4th quarter. CWM LLC now owns 11,699 shares of the company’s stock worth $4,213,000 after acquiring an additional 1,488 shares during the period.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ SMH opened at $572.93 on Wednesday. The stock has a market capitalization of $71.98 billion, a PE ratio of 34.83 and a beta of 1.73. The business has a fifty day moving average price of $594.03 and a two-hundred day moving average price of $501.53. VanEck Semiconductor ETF has a fifty-two week low of $281.15 and a fifty-two week high of $671.83.

VanEck Semiconductor ETF 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.