OVERSEA CHINESE BANKING Corp Ltd Buys Shares of 7,440 VanEck Semiconductor ETF (NASDAQ:SMH)

OVERSEA CHINESE BANKING Corp Ltd bought a new position in VanEck Semiconductor ETF (NASDAQ:SMH) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 7,440 shares of the company’s stock, valued at approximately $1,301,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SMH. CI Investments Inc. boosted its holdings in VanEck Semiconductor ETF by 166.7% in the third quarter. CI Investments Inc. now owns 1,553,303 shares of the company’s stock worth $225,198,000 after purchasing an additional 970,943 shares in the last quarter. Meitav Investment House Ltd. boosted its stake in shares of VanEck Semiconductor ETF by 103.2% during the 4th quarter. Meitav Investment House Ltd. now owns 732,008 shares of the company’s stock worth $127,948,000 after acquiring an additional 371,831 shares in the last quarter. Jane Street Group LLC increased its holdings in shares of VanEck Semiconductor ETF by 28.2% during the 1st quarter. Jane Street Group LLC now owns 1,080,467 shares of the company’s stock valued at $284,368,000 after acquiring an additional 237,394 shares during the last quarter. International Assets Investment Management LLC bought a new position in shares of VanEck Semiconductor ETF in the 4th quarter valued at approximately $40,189,000. Finally, Morgan Stanley lifted its holdings in VanEck Semiconductor ETF by 25.8% in the 4th quarter. Morgan Stanley now owns 810,841 shares of the company’s stock worth $164,552,000 after purchasing an additional 166,418 shares during the last quarter.

VanEck Semiconductor ETF Trading Down 4.5 %

VanEck Semiconductor ETF stock traded down $9.42 during trading hours on Friday, reaching $199.21. 13,584,568 shares of the company were exchanged, compared to its average volume of 8,782,318. VanEck Semiconductor ETF has a 12 month low of $118.57 and a 12 month high of $239.14. The stock has a 50-day moving average of $217.17 and a 200 day moving average of $183.51. The firm has a market cap of $16.63 billion, a price-to-earnings ratio of 17.70 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.