Dai ichi Life Insurance Company Ltd Purchases New Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Dai ichi Life Insurance Company Ltd purchased a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 118,280 shares of the company’s stock, valued at approximately $30,836,000. VanEck Semiconductor ETF makes up approximately 0.8% of Dai ichi Life Insurance Company Ltd’s investment portfolio, making the stock its 25th biggest holding. Dai ichi Life Insurance Company Ltd owned approximately 0.13% of VanEck Semiconductor ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in SMH. Janney Montgomery Scott LLC grew its holdings in VanEck Semiconductor ETF by 10.5% during the fourth quarter. Janney Montgomery Scott LLC now owns 50,522 shares of the company’s stock worth $8,835,000 after purchasing an additional 4,821 shares during the period. Sound View Wealth Advisors Group LLC increased its holdings in shares of VanEck Semiconductor ETF by 19.3% during the 4th quarter. Sound View Wealth Advisors Group LLC now owns 3,538 shares of the company’s stock worth $619,000 after acquiring an additional 573 shares during the last quarter. Financial Advocates Investment Management raised its stake in VanEck Semiconductor ETF by 2.4% in the 4th quarter. Financial Advocates Investment Management now owns 7,443 shares of the company’s stock valued at $1,302,000 after acquiring an additional 176 shares during the period. Level Four Advisory Services LLC lifted its holdings in VanEck Semiconductor ETF by 4.0% during the 4th quarter. Level Four Advisory Services LLC now owns 23,106 shares of the company’s stock valued at $4,041,000 after purchasing an additional 899 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its holdings in VanEck Semiconductor ETF by 36.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,471 shares of the company’s stock valued at $607,000 after purchasing an additional 930 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

NASDAQ:SMH opened at $236.91 on Friday. The company has a market cap of $21.31 billion, a P/E ratio of 18.82 and a beta of 1.35. The firm’s fifty day moving average price is $241.80 and its two-hundred day moving average price is $236.43. VanEck Semiconductor ETF has a one year low of $136.10 and a one year high of $283.07.

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.