Allianz SE Takes Position in VanEck Semiconductor ETF $SMH

Allianz SE acquired a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 199,097 shares of the company’s stock, valued at approximately $55,524,000. VanEck Semiconductor ETF makes up 1.3% of Allianz SE’s portfolio, making the stock its 16th biggest position. Allianz SE owned about 0.22% of VanEck Semiconductor ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SMH. M&T Bank Corp increased its position in shares of VanEck Semiconductor ETF by 7.2% during the first quarter. M&T Bank Corp now owns 1,601 shares of the company’s stock worth $339,000 after purchasing an additional 107 shares in the last quarter. Stephens Inc. AR boosted its position in shares of VanEck Semiconductor ETF by 12.7% in the 1st quarter. Stephens Inc. AR now owns 2,201 shares of the company’s stock worth $465,000 after purchasing an additional 248 shares in the last quarter. CWM LLC grew its stake in VanEck Semiconductor ETF by 21.6% during the 1st quarter. CWM LLC now owns 9,297 shares of the company’s stock worth $1,966,000 after buying an additional 1,654 shares during the last quarter. Signaturefd LLC increased its position in VanEck Semiconductor ETF by 119.5% during the 1st quarter. Signaturefd LLC now owns 1,484 shares of the company’s stock valued at $314,000 after buying an additional 808 shares in the last quarter. Finally, Dakota Wealth Management acquired a new position in VanEck Semiconductor ETF during the 1st quarter valued at about $501,000.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ SMH opened at $355.53 on Thursday. VanEck Semiconductor ETF has a fifty-two week low of $170.11 and a fifty-two week high of $372.78. The company has a market cap of $35.69 billion, a PE ratio of 34.83 and a beta of 1.52. The business has a 50-day simple moving average of $333.82 and a two-hundred day simple moving average of $291.08.

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.