Perkins Coie Trust Co Buys 823 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Perkins Coie Trust Co boosted its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 3.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,422 shares of the company’s stock after buying an additional 823 shares during the period. VanEck Semiconductor ETF makes up approximately 1.3% of Perkins Coie Trust Co’s investment portfolio, making the stock its 22nd largest position. Perkins Coie Trust Co’s holdings in VanEck Semiconductor ETF were worth $5,749,000 at the end of the most recent reporting period.

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

VanEck Semiconductor ETF Trading Down 0.3 %

SMH traded down $0.84 on Wednesday, reaching $251.68. The stock had a trading volume of 904,842 shares, compared to its average volume of 8,310,173. The firm has a 50-day moving average of $236.72 and a 200-day moving average of $239.23. VanEck Semiconductor ETF has a fifty-two week low of $136.10 and a fifty-two week high of $283.07. The company has a market capitalization of $24.15 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35.

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.