VanEck Semiconductor ETF $SMH Stock Position Increased by ADAPT Investment Managers SA

ADAPT Investment Managers SA grew its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 217.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 109,241 shares of the company’s stock after buying an additional 74,807 shares during the quarter. VanEck Semiconductor ETF accounts for approximately 0.3% of ADAPT Investment Managers SA’s portfolio, making the stock its 4th biggest position. ADAPT Investment Managers SA’s holdings in VanEck Semiconductor ETF were worth $39,341,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in SMH. Bank of Nova Scotia boosted its stake in shares of VanEck Semiconductor ETF by 24,986.6% in the 3rd quarter. Bank of Nova Scotia now owns 755,107 shares of the company’s stock valued at $246,437,000 after buying an additional 752,097 shares during the period. Harel Insurance Investments & Financial Services Ltd. boosted its stake in shares of VanEck Semiconductor ETF by 158.7% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,198,897 shares of the company’s stock valued at $431,759,000 after buying an additional 735,425 shares during the period. Focus Partners Wealth boosted its stake in shares of VanEck Semiconductor ETF by 906.5% in the 4th quarter. Focus Partners Wealth now owns 745,768 shares of the company’s stock valued at $268,562,000 after buying an additional 671,673 shares during the period. Capital Markets Trading UK LLP boosted its stake in shares of VanEck Semiconductor ETF by 100.7% in the 3rd quarter. Capital Markets Trading UK LLP now owns 4,319 shares of the company’s stock valued at $1,410,000 after buying an additional 617,050 shares during the period. Finally, Baker Avenue Asset Management LP boosted its stake in shares of VanEck Semiconductor ETF by 100.3% in the 4th quarter. Baker Avenue Asset Management LP now owns 1,011 shares of the company’s stock valued at $364,000 after buying an additional 349,979 shares during the period.

VanEck Semiconductor ETF Stock Performance

Shares of SMH opened at $647.10 on Tuesday. The stock has a 50-day simple moving average of $532.52 and a 200-day simple moving average of $437.60. The stock has a market capitalization of $75.19 billion, a PE ratio of 34.83 and a beta of 1.72. VanEck Semiconductor ETF has a 1 year low of $257.12 and a 1 year high of $649.24.

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.