Foundations Investment Advisors LLC Grows Stake in VanEck Semiconductor ETF (NASDAQ:SMH)

by · The Cerbat Gem

Foundations Investment Advisors LLC increased its position in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 44.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 157,983 shares of the company’s stock after acquiring an additional 48,932 shares during the period. VanEck Semiconductor ETF comprises about 0.8% of Foundations Investment Advisors LLC’s investment portfolio, making the stock its 27th biggest holding. Foundations Investment Advisors LLC owned 0.16% of VanEck Semiconductor ETF worth $38,777,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Jane Street Group LLC grew its stake in shares of VanEck Semiconductor ETF by 20.9% during the 1st quarter. Jane Street Group LLC now owns 6,044,932 shares of the company’s stock valued at $1,360,049,000 after purchasing an additional 1,045,570 shares during the period. LPL Financial LLC grew its position in VanEck Semiconductor ETF by 20.9% during the second quarter. LPL Financial LLC now owns 1,629,628 shares of the company’s stock valued at $424,844,000 after buying an additional 281,252 shares during the period. Healthcare of Ontario Pension Plan Trust Fund increased its holdings in VanEck Semiconductor ETF by 46.3% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,624,000 shares of the company’s stock valued at $423,377,000 after buying an additional 514,000 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. raised its position in VanEck Semiconductor ETF by 109.8% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 944,164 shares of the company’s stock worth $246,144,000 after acquiring an additional 494,164 shares during the period. Finally, Main Management ETF Advisors LLC boosted its stake in shares of VanEck Semiconductor ETF by 2.6% during the 2nd quarter. Main Management ETF Advisors LLC now owns 689,520 shares of the company’s stock worth $179,758,000 after acquiring an additional 17,340 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of SMH stock opened at $252.84 on Tuesday. The company has a market cap of $25.03 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 1 year low of $136.10 and a 1 year high of $283.07. The firm has a fifty day moving average price of $241.97 and a 200-day moving average price of $241.01.

About VanEck Semiconductor ETF

(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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