Fifth Third Bancorp Buys 11,261 Shares of VanEck Semiconductor ETF $SMH

Fifth Third Bancorp increased its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 3,245.2% during the first quarter, Holdings Channel.com reports. The institutional investor owned 11,608 shares of the company’s stock after purchasing an additional 11,261 shares during the period. Fifth Third Bancorp’s holdings in VanEck Semiconductor ETF were worth $4,450,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SMH. WealthCollab LLC bought a new stake in shares of VanEck Semiconductor ETF in the 4th quarter valued at about $28,000. Investment Counsel Co. of Nevada acquired a new stake in shares of VanEck Semiconductor ETF during the 4th quarter worth about $35,000. Core Wealth Advisors LLC bought a new stake in shares of VanEck Semiconductor ETF during the fourth quarter worth approximately $36,000. Jessup Wealth Management Inc bought a new stake in VanEck Semiconductor ETF in the 4th quarter valued at $40,000. Finally, CENTRAL TRUST Co boosted its position in shares of VanEck Semiconductor ETF by 66.7% in the fourth quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock valued at $43,000 after acquiring an additional 48 shares during the period.

VanEck Semiconductor ETF Stock Down 2.2%

Shares of NASDAQ:SMH opened at $556.53 on Friday. The firm has a market cap of $66.75 billion, a PE ratio of 34.83 and a beta of 1.71. VanEck Semiconductor ETF has a 12-month low of $279.19 and a 12-month high of $671.83. The company’s 50 day moving average price is $600.25 and its two-hundred day moving average price is $479.70.

VanEck Semiconductor ETF News Summary

Here are the key news stories impacting VanEck Semiconductor ETF this week:

• Positive Sentiment: Despite the recent pullback in semiconductors, investors poured about $25 billion into semiconductor ETFs, suggesting continued long-term demand for the sector. Investors Pour $25B Into Semiconductor ETFs as DRAM Plunges 40%
• Positive Sentiment: Some investors still see the AI chip buildout as early-stage, with commentary suggesting the next leg of AI infrastructure spending could support semiconductor ETFs like SMH. Think the AI Bull Market Is Just Getting Started? These 3 ETFs Are Positioned for the Next Leg
• Neutral Sentiment: Unusually heavy put buying in SMH points to hedging or bearish positioning, but it could also reflect traders protecting profits after the sector’s strong run.
• Negative Sentiment: Chip stocks extended losses as markets reassessed the AI-driven rally, weighing on semiconductor ETFs and dragging broader tech sentiment lower. Dow sinks 480 points as AI selloff deepens, chip stocks extend losses
• Negative Sentiment: Pre-market weakness in tech and chip stocks added to the downside, with futures pointing lower as traders worried about heavy semiconductor capital spending and valuation risk. Chip Sector Weighs on Wall Street Pre-Bell; Asia, Europe Down
• Negative Sentiment: Reports that South Korean regulators searched Chinese chipmaker Montage Technology in a competition probe add another layer of regulatory uncertainty for parts of the semiconductor supply chain. South Korea searches Chinese chipmaker Montage Technology’s office in competition probe

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.