Hanseatic Management Services Inc. Has $1.83 Million Stock Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Hanseatic Management Services Inc. increased its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 3.1% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 7,446 shares of the company’s stock after purchasing an additional 227 shares during the period. VanEck Semiconductor ETF makes up approximately 2.6% of Hanseatic Management Services Inc.’s holdings, making the stock its 5th largest position. Hanseatic Management Services Inc.’s holdings in VanEck Semiconductor ETF were worth $1,828,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in SMH. Mather Group LLC. lifted its position in shares of VanEck Semiconductor ETF by 757.1% during the 2nd quarter. Mather Group LLC. now owns 300 shares of the company’s stock worth $78,000 after buying an additional 265 shares during the period. QRG Capital Management Inc. acquired a new stake in shares of VanEck Semiconductor ETF during the second quarter worth approximately $325,000. Orion Portfolio Solutions LLC raised its stake in shares of VanEck Semiconductor ETF by 206.9% in the first quarter. Orion Portfolio Solutions LLC now owns 3,851 shares of the company’s stock valued at $866,000 after acquiring an additional 2,596 shares during the last quarter. O Shaughnessy Asset Management LLC boosted its holdings in shares of VanEck Semiconductor ETF by 18.2% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 2,781 shares of the company’s stock worth $626,000 after acquiring an additional 429 shares in the last quarter. Finally, Comerica Bank grew its position in VanEck Semiconductor ETF by 20.5% during the 1st quarter. Comerica Bank now owns 8,452 shares of the company’s stock worth $1,901,000 after acquiring an additional 1,440 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ:SMH opened at $254.81 on Thursday. The business has a fifty day moving average of $243.20 and a 200-day moving average of $243.51. VanEck Semiconductor ETF has a twelve month low of $149.31 and a twelve month high of $283.07. The firm has a market cap of $25.25 billion, a PE ratio of 18.82 and a beta of 1.35.

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.