Segment Wealth Management LLC Acquires 11,847 Shares of VanEck Semiconductor ETF $SMH

Segment Wealth Management LLC bought a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 11,847 shares of the company’s stock, valued at approximately $7,215,000.

Several other institutional investors also recently bought and sold shares of SMH. Renaissance Technologies LLC acquired a new position in shares of VanEck Semiconductor ETF during the 1st quarter valued at about $141,661,000. Clal Insurance Enterprises Holdings Ltd raised its stake in shares of VanEck Semiconductor ETF by 107.3% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 570,000 shares of the company’s stock valued at $218,538,000 after acquiring an additional 295,000 shares in the last quarter. GoalVest Advisory LLC lifted its holdings in VanEck Semiconductor ETF by 290,983.3% in the 3rd quarter. GoalVest Advisory LLC now owns 174,650 shares of the company’s stock worth $106,362,000 after purchasing an additional 174,590 shares during the last quarter. Meitav Investment House Ltd. lifted its holdings in VanEck Semiconductor ETF by 17.3% in the 1st quarter. Meitav Investment House Ltd. now owns 905,426 shares of the company’s stock worth $347,140,000 after purchasing an additional 133,601 shares during the last quarter. Finally, Copley Financial Group Inc. acquired a new stake in VanEck Semiconductor ETF in the 2nd quarter worth approximately $49,407,000.

VanEck Semiconductor ETF Stock Up 2.7%

Shares of VanEck Semiconductor ETF stock opened at $541.62 on Tuesday. The stock has a market capitalization of $67.51 billion, a P/E ratio of 34.83 and a beta of 1.73. The stock has a 50 day moving average price of $575.09 and a two-hundred day moving average price of $514.09. VanEck Semiconductor ETF has a 12-month low of $315.05 and a 12-month high of $671.83.

VanEck Semiconductor ETF Company 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.