Canada Pension Plan Investment Board Buys 270,000 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Canada Pension Plan Investment Board increased its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 100.0% in the second quarter, Holdings Channel.com reports. The institutional investor owned 540,000 shares of the company’s stock after acquiring an additional 270,000 shares during the period. Canada Pension Plan Investment Board’s holdings in VanEck Semiconductor ETF were worth $82,215,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bank Julius Baer & Co. Ltd Zurich raised its position in shares of VanEck Semiconductor ETF by 919,038.0% in the 2nd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 10,110,518 shares of the company’s stock worth $1,539,326,000 after acquiring an additional 10,109,418 shares in the last quarter. Fisher Asset Management LLC raised its holdings in VanEck Semiconductor ETF by 104.8% in the second quarter. Fisher Asset Management LLC now owns 3,712,976 shares of the company’s stock worth $565,301,000 after purchasing an additional 1,899,794 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. purchased a new position in VanEck Semiconductor ETF during the second quarter valued at $65,315,000. Jane Street Group LLC boosted 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 buying an additional 237,394 shares in the last quarter. Finally, Morgan Stanley grew its position in shares of 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 buying an additional 166,418 shares during the period.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ:SMH opened at $156.22 on Monday. The business has a fifty day moving average price of $146.75 and a 200-day moving average price of $146.71. The company has a market capitalization of $10.58 billion, a PE ratio of 17.19 and a beta of 1.35. VanEck Semiconductor ETF has a 1-year low of $98.27 and a 1-year high of $161.17.

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.