VanEck Semiconductor ETF $SMH Stock: Nikulski Financial Inc. Boosts Holdings

Nikulski Financial Inc. increased its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 11.2% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,547 shares of the company’s stock after purchasing an additional 1,469 shares during the period. VanEck Semiconductor ETF accounts for about 1.9% of Nikulski Financial Inc.’s investment portfolio, making the stock its 15th biggest holding. Nikulski Financial Inc.’s holdings in VanEck Semiconductor ETF were worth $8,859,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SMH. Clal Insurance Enterprises Holdings Ltd lifted its holdings in VanEck Semiconductor ETF by 107.3% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 570,000 shares of the company’s stock worth $218,538,000 after buying an additional 295,000 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of VanEck Semiconductor ETF by 3.4% in the 1st quarter. Cetera Investment Advisers now owns 511,623 shares of the company’s stock valued at $196,156,000 after acquiring an additional 16,810 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of VanEck Semiconductor ETF in the 3rd quarter valued at approximately $183,763,000. Renaissance Technologies LLC bought a new stake in shares of VanEck Semiconductor ETF in the 1st quarter valued at approximately $141,661,000. Finally, Commonwealth Equity Services LLC bought a new stake in shares of VanEck Semiconductor ETF in the 3rd quarter valued at approximately $120,762,000.

VanEck Semiconductor ETF Trading Down 1.0%

SMH stock opened at $501.73 on Friday. The firm has a market cap of $64.49 billion, a P/E ratio of 24.39 and a beta of 1.78. VanEck Semiconductor ETF has a 12-month low of $315.05 and a 12-month high of $671.83. The stock’s 50 day simple moving average is $561.09 and its 200 day simple moving average is $522.44.

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.