OVERSEA CHINESE BANKING Corp Ltd Makes New Investment in VanEck Semiconductor ETF (NASDAQ:SMH)

OVERSEA CHINESE BANKING Corp Ltd bought a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 14,940 shares of the company’s stock, valued at approximately $3,666,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of SMH. US Bancorp DE raised its position in shares of VanEck Semiconductor ETF by 8.6% during the 1st quarter. US Bancorp DE now owns 5,198 shares of the company’s stock worth $1,170,000 after purchasing an additional 413 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in VanEck Semiconductor ETF in the 1st quarter valued at about $477,000. Eagle Bay Advisors LLC acquired a new position in VanEck Semiconductor ETF during the 1st quarter valued at about $44,000. Kingsview Wealth Management LLC bought a new position in VanEck Semiconductor ETF in the 1st quarter worth about $3,614,000. Finally, HBK Sorce Advisory LLC increased its stake in shares of VanEck Semiconductor ETF by 79.0% in the first quarter. HBK Sorce Advisory LLC now owns 3,508 shares of the company’s stock valued at $789,000 after purchasing an additional 1,548 shares during the period.

VanEck Semiconductor ETF Trading Down 0.7 %

SMH opened at $251.86 on Wednesday. VanEck Semiconductor ETF has a twelve month low of $155.19 and a twelve month high of $283.07. The stock has a market cap of $24.96 billion, a PE ratio of 18.82 and a beta of 1.35. The business’s 50 day moving average is $244.18 and its 200-day moving average is $244.83.

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.