WESPAC Advisors SoCal LLC Increases Stock Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

WESPAC Advisors SoCal LLC boosted its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 0.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 71,251 shares of the company’s stock after purchasing an additional 74 shares during the quarter. VanEck Semiconductor ETF accounts for approximately 4.0% of WESPAC Advisors SoCal LLC’s holdings, making the stock its 4th biggest position. WESPAC Advisors SoCal LLC owned 0.07% of VanEck Semiconductor ETF worth $17,489,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Jane Street Group LLC increased its position in shares of 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 valued at $1,360,049,000 after purchasing an additional 1,045,570 shares during the period. LPL Financial LLC increased its holdings in VanEck Semiconductor ETF by 20.9% in the 2nd quarter. LPL Financial LLC now owns 1,629,628 shares of the company’s stock valued at $424,844,000 after buying an additional 281,252 shares during the period. Healthcare of Ontario Pension Plan Trust Fund raised 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 buying an additional 514,000 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. lifted 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 worth $246,144,000 after acquiring an additional 494,164 shares during the period. Finally, Main Management ETF Advisors LLC boosted its position in shares of 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 valued at $179,758,000 after acquiring an additional 17,340 shares in the last quarter.

VanEck Semiconductor ETF Stock Down 3.3 %

NASDAQ SMH opened at $239.95 on Friday. VanEck Semiconductor ETF has a twelve month low of $156.56 and a twelve month high of $283.07. The stock has a market cap of $23.78 billion, a P/E ratio of 18.82 and a beta of 1.35. The company’s 50-day simple moving average is $246.15 and its 200 day simple moving average is $245.47.

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.