Carter Financial Group INC. Takes Position in VanEck Semiconductor ETF $SMH

Carter Financial Group INC. bought a new position in VanEck Semiconductor ETF (NASDAQ:SMH) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 3,843 shares of the company’s stock, valued at approximately $1,072,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. raised its position in VanEck Semiconductor ETF by 93.3% in the second quarter. JPMorgan Chase & Co. now owns 1,458,395 shares of the company’s stock worth $406,718,000 after acquiring an additional 703,799 shares in the last quarter. Menora Mivtachim Holdings LTD. increased its holdings in shares of VanEck Semiconductor ETF by 15.5% in the 2nd quarter. Menora Mivtachim Holdings LTD. now owns 573,500 shares of the company’s stock valued at $159,938,000 after purchasing an additional 77,000 shares in the last quarter. Raymond James Financial Inc. lifted its stake in shares of VanEck Semiconductor ETF by 8.3% in the second quarter. Raymond James Financial Inc. now owns 534,989 shares of the company’s stock valued at $149,198,000 after purchasing an additional 40,831 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in VanEck Semiconductor ETF by 8.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 485,249 shares of the company’s stock worth $135,326,000 after buying an additional 37,955 shares in the last quarter. Finally, Meitav Investment House Ltd. grew its position in VanEck Semiconductor ETF by 26.0% during the second quarter. Meitav Investment House Ltd. now owns 475,332 shares of the company’s stock worth $132,605,000 after buying an additional 97,941 shares during the period.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ:SMH opened at $354.12 on Friday. The firm has a market capitalization of $35.55 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52. The business’s 50 day simple moving average is $350.13 and its 200-day simple moving average is $309.54. VanEck Semiconductor ETF has a 12 month low of $170.11 and a 12 month high of $375.59.

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.