41,480 Shares in VanEck Semiconductor ETF (NASDAQ:SMH) Acquired by Itau Unibanco Holding S.A.

Itau Unibanco Holding S.A. bought a new position in VanEck Semiconductor ETF (NASDAQ:SMH) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 41,480 shares of the company’s stock, valued at approximately $10,814,000.

A number of other institutional investors and hedge funds have also bought and sold shares of SMH. PNC Financial Services Group Inc. grew its stake in shares of VanEck Semiconductor ETF by 36.6% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,471 shares of the company’s stock valued at $607,000 after buying an additional 930 shares during the last quarter. D.A. Davidson & CO. grew its holdings in shares of VanEck Semiconductor ETF by 38.1% in the fourth quarter. D.A. Davidson & CO. now owns 7,779 shares of the company’s stock worth $1,360,000 after purchasing an additional 2,147 shares during the last quarter. Trexquant Investment LP purchased a new position in shares of VanEck Semiconductor ETF in the fourth quarter worth $2,847,000. Assetmark Inc. raised its holdings in VanEck Semiconductor ETF by 277.6% during the 4th quarter. Assetmark Inc. now owns 2,507 shares of the company’s stock valued at $438,000 after buying an additional 1,843 shares during the last quarter. Finally, US Bancorp DE boosted its position in VanEck Semiconductor ETF by 2.1% during the 4th quarter. US Bancorp DE now owns 4,785 shares of the company’s stock valued at $837,000 after buying an additional 97 shares during the period.

VanEck Semiconductor ETF Stock Down 1.3 %

Shares of VanEck Semiconductor ETF stock opened at $237.90 on Friday. The firm has a market cap of $21.40 billion, a PE ratio of 18.82 and a beta of 1.35. The company’s fifty day simple moving average is $237.84 and its two-hundred day simple moving average is $237.27. VanEck Semiconductor ETF has a 12-month low of $136.10 and a 12-month high of $283.07.

About VanEck Semiconductor ETF

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.