VanEck Semiconductor ETF $SMH Shares Acquired by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lifted its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 23.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,711 shares of the company’s stock after buying an additional 2,000 shares during the period. PNC Financial Services Group Inc.’s holdings in VanEck Semiconductor ETF were worth $3,857,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Harel Insurance Investments & Financial Services Ltd. increased its holdings in shares of VanEck Semiconductor ETF by 158.7% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,198,897 shares of the company’s stock worth $431,759,000 after buying an additional 735,425 shares during the last quarter. Bank of Nova Scotia increased its holdings in shares of VanEck Semiconductor ETF by 24,986.6% during the 3rd quarter. Bank of Nova Scotia now owns 755,107 shares of the company’s stock worth $246,437,000 after buying an additional 752,097 shares during the last quarter. Menora Mivtachim Holdings LTD. increased its holdings in shares of VanEck Semiconductor ETF by 0.4% during the 3rd quarter. Menora Mivtachim Holdings LTD. now owns 576,000 shares of the company’s stock worth $187,983,000 after buying an additional 2,500 shares during the last quarter. Raymond James Financial Inc. increased its holdings in shares of VanEck Semiconductor ETF by 8.3% during the 2nd quarter. Raymond James Financial Inc. now owns 534,989 shares of the company’s stock worth $149,198,000 after buying an additional 40,831 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of VanEck Semiconductor ETF by 8.5% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 526,529 shares of the company’s stock worth $171,838,000 after buying an additional 41,280 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

SMH stock opened at $576.32 on Tuesday. The company has a market cap of $66.96 billion, a price-to-earnings ratio of 34.83 and a beta of 1.70. The business has a fifty day simple moving average of $467.28 and a 200-day simple moving average of $409.95. VanEck Semiconductor ETF has a 52 week low of $234.59 and a 52 week high of $582.50.

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.