Peak Asset Management LLC Has $608,000 Stock Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Peak Asset Management LLC grew its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 91.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,479 shares of the company’s stock after purchasing an additional 1,181 shares during the quarter. Peak Asset Management LLC’s holdings in VanEck Semiconductor ETF were worth $608,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of SMH. SG Americas Securities LLC boosted its stake in shares of VanEck Semiconductor ETF by 101.1% during the 2nd quarter. SG Americas Securities LLC now owns 13,898 shares of the company’s stock worth $3,623,000 after acquiring an additional 1,270,998 shares in the last quarter. Jane Street Group LLC boosted its position in VanEck Semiconductor ETF by 20.9% during the first quarter. Jane Street Group LLC now owns 6,044,932 shares of the company’s stock worth $1,360,049,000 after purchasing an additional 1,045,570 shares during the period. Healthcare of Ontario Pension Plan Trust Fund grew its holdings in VanEck Semiconductor ETF by 46.3% during the second 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 during the last quarter. Migdal Insurance & Financial Holdings Ltd. grew its holdings in VanEck Semiconductor ETF by 109.8% during the second 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, Liberty Wealth Management LLC raised its position in shares of VanEck Semiconductor ETF by 24,432.5% in the second quarter. Liberty Wealth Management LLC now owns 438,641 shares of the company’s stock valued at $114,354,000 after purchasing an additional 436,853 shares during the period.

VanEck Semiconductor ETF Trading Down 1.7 %

NASDAQ SMH opened at $247.63 on Thursday. The company has a market cap of $24.54 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 1 year low of $156.56 and a 1 year high of $283.07. The company has a fifty day simple moving average of $244.72 and a 200 day simple moving average of $245.07.

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.